Home / Knowledge / News / Textiles / Indian spinning firms diversify into fabric making
Indian spinning firms diversify into fabric making
Apr '12
Several spinning mills in India are moving up the textile value chain by diversifying into production of fabrics in their effort to emerge as vertically integrated textile companies.

In recent years, spinning companies such as Maharaja Shree Umaid Mills (MSUM), Nahar Spinning Mills and Vardhman Textiles have entered the business of fabric manufacturing.

High operational cost, capital-intensive nature of spinning business, and frequent fluctuations in cotton price are among the factors that have driven these spinning mills to opt for moving up the textile value chain.

Moreover, the shift in focus on fabrics and apparel production would help spinning mills retain their profit margins, thus decreasing the negative impact of any slowdown in economy.

Speaking to fibre2fashion, Mr. Govind Sharda, Executive Director of Maharaja Shree Umaid Mills Ltd., said, “The diversification of spinning mills into production of fabrics is a simple value addition. If one makes a value addition, returns from the value addition are always greater compared to the original investment.”

“The yarn spinning business is susceptible to fluctuations in cotton and crude oil prices. The moment you take it to the next level, there is a natural shift because of the value addition, which is always supposed to be more remunerative or at least risk aversive,” he explains.

Making a mention of MSUM, he says, “At MSUM, one such project for fabric manufacturing is already underway. We initiated the project two years back, so we are already in the process of adding our capacities and we are coming up with a mega expansion. We expect our new project to be commissioned by September-October 2012.”

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Textiles | On 28th Feb 2017

Over 100 exhibitors expected to participate in IATF

Over a 100 exhibitors are expected to showcase their products at the...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search