Home / Knowledge / News / Textiles / Vilan invests Rs 420 mn in spinning mill
Vilan invests Rs 420 mn in spinning mill
Apr '10
Vilan Apparels Pvt Ltd, a Vijayawada based hosiery and undergarments manufacturing company, will invest Rs 420 million for establishing a new spinning mill at Cherala in Prakasam district. The mill will be developed on a 15 acre plot and will have a capacity of 16,000 spindles.

T. Ramesh Babu, Director, Vilan, while addressing the press said that, construction work for the mill has already commenced and it is likely to begin operations by the end of this year.

Funds for establishing this new mill will be generated through internal accruals. More so, over the next five years, the company intends on investing around Rs 1 billion to establish itself as a national brand.

Babu said that, with the support of this new investment, they expect that, their turnover this year will be 25 percent higher than last year's turnover figure of Rs 350 million. In addition, we also expect that in the next five years we will achieve a turnover of Rs 1 billion.

Around all this, the company has also introduced into the Andhra Pradesh market, four new products namely Broadband, New Feel, Soft Skin and Bamboo socks, ranging between Rs 125 to 150 per unit.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

October 2016

October 2016

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


Browse Our Archives


Advanced Search