Apparel, Fashion & Retail | News & Insights

Nandan Denim Limited will eliminate its net debt.

Published: September 28, 2024
Author: TEXTILE VALUE CHAIN

Ahmedabad, September 27th, 2024: A worldwide known denim producer, Nandan Denim Limited, will discuss raising money at a future board meeting. The company’s strategic decision will be crucial to reaching its goal of having no debt.

Utilizing a state-of-the-art manufacturing plant and a substantial R&D budget, the company is committed to developing superior cotton fabric.

“Nandan Denim Limited is dedicated to continuous innovation to meet diverse market needs and achieve the highest level of customer satisfaction. The company is backed by the more than 50-year manufacturing legacy of the Chiripal Group.” Mr. Jyotiprasad Chiripal stated, “The group is determined to become debt-free, allowing it to focus exclusively on enhancing customer value.”

The managing director of Nandan Denim Limited, Mr. Jyotiprasad Chiripal, has expressed boundless excitement over the investor faith in the company’s goal. He also underlined the company’s objective of offering denim, fabric, and yarn of the highest caliber to clients in the United States and abroad.

“By helping us acquire the necessary cash to attain net debt zero, our investors have demonstrated their trust in our brand journey and its future potential in the market, which makes us really happy. Our objective is to constantly adapt to market demands and improve the quality of denim, fabric, and yarn for our customers both locally and abroad.

Related Posts