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Nandan Denim sales up six per cent

Nandan Denim's net sales for the first quarter of 2015-16 were higher by six per cent over the same period of the previous quarter. During the quarter, 14 per cent of the company’s revenues came from export markets. As of now, it exports to 28 countries. Ahmedabad-based Nandan Denim is part of the Chiripal Group, which is currently diversified across several businesses like textiles, petrochemicals, chemicals, packaging, infrastructure and education.

Nandan Denim is India’s second largest integrated denim fabric manufacturer. It began operations in 1994 with textile trading and forayed into textile manufacturing in 2004. It currently manufactures denims, cotton fabrics and khakis. It has worked out a capacity expansion plan to strengthen its domestic market share and expand its export business with an increased focus on value-added segments. Post expansion, it will become the largest denim manufacturer in the country and the fourth largest in the world.

The company is investing towards creation of technology and manpower competence to build a brand that would be synonymous with consistent quality and timely delivery. Major CAPEX orders have already been finalised and civil activities are in full swing. The company expects to commission complete facilities in the first quarter of 2017.

www.nandandenim.com/

 

 
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