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MIL plans to produce 30mn metres denim per year by 2015
13
May '14
Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group, is planning to increase its denim production capacity to 30 million metres by 2015, Rajiv Dayal, MIL’s managing director said in a statement.
 
The denim production capacity at the company’s manufacturing unit at Navasari in Gujarat has recently been increased to 25 million metres from the earlier 20 million metres and it is further planned to increase the production capacity to 30 million metres by 2015, Mr. Dayal said.
 
According to Mr. Dayal, the overall Indian production of denim fabrics is approx 800 million meters per annum. Out of this, India’s export stands at around 200 million metres and the balance 600 million metres is consumed by the domestic market. Indian denim fabrics market is growing at a rate of about 8 to 12 percent compounded per annum.
 
Mafatlal Denim Limited, which last year merged with MIL, is basically a producer of value added and fashion denims for the mid and upper segments across India and worldwide. The company monitors global fashion trend and consumer preferences, developing denim fabrics on these trends.
 
Mafatlal Denim has been present on the Indian denim space for over 15 years and has over 250 different varieties of specialty denims, which include mercerized and stretch denims, coated fabrics and organic denims. The denim product range comprises of ring denims, stretch denims and super stretch denims specially for women, as well as coated denims in a variety of colors.
 
Mafatlal denim has an extensive international and domestic marker distribution network catering to global brands like Jack & Jones, Wrangler, Lee, and C&A and leading domestic brands like Killer, Mufti, Spykar and Allen Solly.
 
MIL is a fabric supplier to the most discerning customers and brands in the domestic and overseas markets. It has an extensive 400 dealers network and 35,000 retail outlets throughout India.
 

Fibre2fashion News Desk - India

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