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India’s Nitin Spinners revenue up 22 per cent

Nitin Spinners’ revenue has grown 22.70 per cent over the previous year. With an installed capacity of 2,23,056 spindles and 2,936 rotors it produces 50,000 tons of yarn in a year. To move up the value chain, the company has also established a knit fabric division with 63 knitting machines, with an installed production capacity of 9,000 tons of fabric a year.

Nitin exports around 64 per cent of its production to over 50 countries globally. Based in Rajasthan, Nitin a leading player in the textile industry, manufactures 100 per cent cotton yarn and knitted fabrics by using the latest ultra-modern technology. As a part of strategic initiatives, the company plans to foray into the finished fabric segment to meet the rising demand in the apparel industry.

The plan is to invest in a greenfield integrated textile complex with cotton/blended spinning facilities. This complex will have facilities for weaving, dyeing, finishing and printing of woven and knitted fabrics.

Nitin Spinners makes cotton yarn in single, multifold slub, compact, core spun and Elitwist yarns. The products are widely used in manufacturing apparel and garments, inner wear, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles, mattress ticking and socks, among others.

 

 
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