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KPR Mill to invest Rs 175 cr in large green field facility
12 May '15
1 min read
Coimbatore-based KPR Mill is planning to add a further large green field manufacturing facility of 36 million garments per annum at an estimated cost of Rs 175 crore. With this, the total garment capacity will become 95 million garments per annum, one of the largest in the country.
The project is expected to be completed during this financial year. The board has considered and accorded its approval to the proposal considering the impelling orders from the existing buyers and the encouraging response from US market.
The company had earlier added the brown field capacity of 10 million garments and a green field capacity of 12 million garments, taking the total capacity to 59 million garments per annum, during the financial year 2014-15. With this new capacity the garment revenue has increased by 34 per cent during the year.
KPR Mill is a leading garment exporter as well as a largest vertically integrated apparel company, engaged in manufacturing and marketing readymade knitted garments, knitted fabrics and cotton yarn. (SH)
The project is expected to be completed during this financial year. The board has considered and accorded its approval to the proposal considering the impelling orders from the existing buyers and the encouraging response from US market.
The company had earlier added the brown field capacity of 10 million garments and a green field capacity of 12 million garments, taking the total capacity to 59 million garments per annum, during the financial year 2014-15. With this new capacity the garment revenue has increased by 34 per cent during the year.
KPR Mill is a leading garment exporter as well as a largest vertically integrated apparel company, engaged in manufacturing and marketing readymade knitted garments, knitted fabrics and cotton yarn. (SH)
Fibre2fashion News Desk - India
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