Business & Policy | News & Insights

Nitin Spinners Ltd. Poised for Global Textile Expansion with Impressive Production Capacities

Published: December 19, 2023
Author: TANVI_MUNJAL

Nitin Spinners Ltd., a prominent player in the textile industry, is making waves with its fully integrated manufacturing model, capable of converting fiber into finished fabrics. As one of the leading manufacturers of cotton and blended yarns, grey knitted fabrics, and finished and printed woven fabrics, the company is well-prepared to meet global textile demands while ensuring exceptional service and superior quality.

With remarkable production capacities of 100,000 tons of yarns, 11,000 tons of knitted fabric, and 40 million meters of finished woven fabric, Nitin Spinners is a force to be reckoned with. Fueled by a planned capacity expansion costing Rs. 955 crores, the company is set to establish itself as an even bigger player in the market.

In the first half of FY24, Nitin Spinners achieved a revenue of Rs. 1,354.5 crores, with 56% of total revenue coming from exports. Clearly, the company’s commitment to global expansion is paying off handsomely.

The current capacities of Nitin Spinners include 402,192 spindles, 222 air-jet weaving machines, 5864 rotors, and 77 circular knitting machines. These impressive figures stand as a testament to the company’s dedication to providing top-of-the-line textile products.
As Nitin Spinners Ltd. continues to expand its operations and strengthen its global presence, the company remains committed to leveraging world-class technology to deliver superior quality textile products to its valued customers worldwide.

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