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Nitin Spinners to invest Rs 1,100 crore in capacity expansion, product diversification
Manufacturing - Jan 29,2025 -Nitin Spinners, a Rajasthan-based manufacturer, plans to invest Rs 1,100 crore over two years to expand its capacities.
The investment will be focused on doubling the company's existing woven fabric capacity at its Chittorgarh facility.
Currently operating at high utilisation, Nitin Spinners aims to overcome capacity constraints and diversify its product range by adding fashion fabrics.
This expansion is expected to generate an additional Rs 1,000 crore in revenue.
The company is seeing strong demand for its textile products in the US.
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