The new facility will have a capacity to produce 36 million garments per annum under one roof, the company said in a filing to the Bombay Stock Exchange.
“Ramping up of the capacity will take place during the current financial year,” the filing said.
The setting up of large garment manufacturing unit is part of KPR’s plans as the company enters into its next phase of growth. The plans include adding new clients and markets, and strategically moving towards more value added yarn.
At its state-of-the-art production facilities in Tamil Nadu, the company manufactures yarn, knitted grey and dyed fabric, and readymade garments.
The yarn division has 3,53,088 spindles with a production capacity of 90,000 MT per annum. With the most modern machinery of international standards, KPR produces combed, grey melange, carded and compact yarn meant for apparel of world’s leading brands, according to the company’s website.
The fabric division is equipped with high speed automatic circular knitting machines that can knit 27,000 MT per annum of different kinds of fabric. The fabric processing unit has a capacity to process 9,000 MT per annum with trendsetter ETP.
The company has installed wind mills with a total generation capacity of 61.92MW of green power for captive consumption at Tamil Nadu to become 75 per cent self-reliant in power needs. (RKS)
Fibre2Fashion News Desk – India
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