Three textile companies announce expansion plans to boost capacity
K.P.R. Mill, Sangam India, and Sanathan Textiles are investing to grow manufacturing and product portfolios, according to Mint.
The Indian textile sector is seeing fresh investments as companies aim to expand manufacturing capacity and tap into domestic and international markets, according to a report by Mint.
K.P.R. Mill, an apparel manufacturer with 12 facilities, announced an expansion programme in early August involving investments of ₹ 12.25 billion. The company expects these projects to generate a turnover of approximately ₹ 20 billion and plans to fund the expenditure through internal accruals.
Sangam India is moving into garment manufacturing by establishing monthly production capacities of 1 million denim pieces and 500,000 polyester-viscose pieces. The company expects this initiative to create an earnings potential of ₹ 3 billion.
Sanathan Textiles has completed the installation of machinery at its Silvassa technical textiles facility, doubling its capacity from 9,000 metric tonnes per annum to 18,000 metric tonnes per annum. Commercial production is expected to begin shortly.
Sanathan Textiles also plans to establish a new cotton spinning project in Dhar, Madhya Pradesh. The company's management stated they remain committed to expanding across business verticals due to favourable structural trends.
Financial results show K.P.R. Mill reported H1FY27 revenue of ₹ 38.75 billion, up from ₹ 33.98 billion in the previous year. Sangam India saw Q1FY27 revenue grow 8.1 per cent year-on-year, while Sanathan Textiles reported Q1FY27 revenue of ₹ 13.35 billion, up from ₹ 7.45 billion in Q1FY26.