"Following the commissioning of this phase, the total process facilities of fabrics has increased to 1,65,000 meters per day with the yarn dying capacities leaping to a capacity of 11 Tons per day.”
With a view to achieve self sufficiency on the power generation front, NIEL has also commissioned a massive 8 MW power plant at Amloh, Punjab and a sprawling 12 MW power plant at Lalru, Punjab which spikes up the total co-generation power plant capacity to an impressive aggregate of 33MW.
The company is immensely hopeful that enhanced capacities and lower cost of power generation will add to the profitability of the Company.
Elaborating on the company's retail plans, Mr. Oswal said, “Nahar Retail Limited, NIEL's retail venture has truly carved a niche for itself in the organized domestic ready to wear apparel retail business."
"NIEL's flagship fashion brand – Cotton County credited with opening India's 1st chain of exclusive factory outlets that the masses can not only connect with, but also afford and access with ease."
"Cotton County has provided the solution to this aspect with its affordable pricing & aggressive marketing and distribution strategy, which is evident from the brand's mega presence in over 278 stores panning the Northern, Western & Eastern regions in India and plans of increasing its retail presence to over 500 stores within the current fiscal.”