Home / Knowledge / News / Textiles / Century Denim to cutback production by 50%
Century Denim to cutback production by 50%
04
Feb '09
Century Denim Unit, Satrati
Century Denim Unit, Satrati
The global economic slowdown is slowly but surely taking its toll on capacity operations of numerous companies. One of the oldest textile companies in India, set up as far back as 1897, and which has managed to survive through numerous other crises of the previous years, has recently announced its intention to cutback by 50 percent the production at its denim plant located in Central India.

The 20 million meters/annum, Century Denim, a division of the Rs 38.5 billion (2007-08), widely diversified Century Textiles and Industries Ltd, which in turn is owned by the BK Birla group, has decided to cut by half, production of denim at its unit in Satrati, Madhya Pradesh for the time being, without putting a time frame on the period of cutback.

fibre2fashion.com spoke to reliable sources within the company, who confirmed the information on the cut in denim production. The main reason being the slowdown in demand from its main overseas markets. The production cut has been made effective from February 1. To add to its woes interest costs kept on growing which dented its bottom line to a great extent.

Century Denim produces a wide variety of denim fabric in various weights, ranging from 4.5 – 15.5 oz per sq. yards. It manufactures the fabric from open end as well as ring spun yarn. Among the different assortments it offers are, Chino, Slub, Multi-count, Rain, Cross hatch, Dobby, Structured, Over dyed, Lycra, Polyester, Linen and not to forget the basic denim fabric.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


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