Interview with Mr Giridhar Myneni

Mr Giridhar Myneni
Mr Giridhar Myneni
Vice Chairman
NSL Textiles (NSL Group)
NSL Textiles (NSL Group)

NSL Group is shortly to inaugurate its Textiles Process House- the biggest in South India. Along with the rationale behind this, can you let us know details on this project in offing?

Process control is the most important factors for ensuring quality products and timely delivery, especially in a multi step value chain business like textiles. This requires – (1) ontrol over the basic raw material and (2) integration of the different processing steps. NSL Group, at present is best placed in terms of both these factors. Our knowledge in cotton cultivation, selection and purchase is unmatched in the industry. We already have significant capacities in spinning and weaving. Process house and garment manufacturing are the next logical steps to complete the value chain. With our strength in cotton and the fully integrated operations, we will be best placed in the industry to serve our customers – both domestic and foreign.

Our process house has a daily production capacity of 120,000 M per day and yarn dyeing capacity of 8000 KG per day. It also houses 100 looms for weaving dyed yarn. Apart from the normal processing and finishing facilities, we have machineries for special finishes like Airo wash, Sueding and Calendering. All the equipments are of latest technology. Our ETP is state of the art with a capacity of recovering 90% of the water used. We have plans for significant expansions in weaving, processing and finishing in the near future.

We are very fortunate that Honorable Chief Minister of Andhra Pradesh Dr K Rosaiah, Union Minister of Textiles Thiru Dayanidhi Maran and Union minister of Textiles (state) Ms Panabaka Lakshmi have agreed to grace the inauguration event of our Textile Process House on 6th of September.

In what ways are the corporate activities at NSL Group inline to sustainable business norms?

Envisioning that green energy is the future, our Group has significantly invested in renewable power sector. Presently we are operating 100 MW (15 MW of biomass based and 85 MW of wind based) in renewable energy sector. Projects are under implementation for 430 MW of wind farms and 155 MW of hydro based power. All our sugar plants are integrated with molasses based power generation producing power with net zero carbon discharge. Apart from supporting the internal consumption, significant portion of power produced is supplied to the external grids. All our production units have water harvesting systems, zero discharge system and energy recovery systems.

Using our Seed business’ reach to rural areas, we organize training camps for farmers. Our experts in the agri business provide valuable inputs to the farmers with regard to the best practices in farming. It is a win – win situation for both – the farmers and the Group.

Understanding that people are important for a sustainable business, we take special care of our employees. Our wages are at par or above the industry levels. The facilities provided in the factories are excellent. Everybody in the organization is given ample opportunities to take new challenges and grow in career. Mandava foundation, the CSR wing of our group, works extensively in the areas of child education, child labor eradication, women’s education and women empowerment.

The textile business has taken special initiative to increase the employability of the local youth. In a Public Private Partnership between NSL Textiles, the company will train the local youth in weaving processing and dyeing. Upon completion of the training program, many of the trainees will be absorbed in the company’s roll.


Published on: 30/08/2010

DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.

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