Nandan Denim revenue crosses Rs. 1,200 crores

Nandan Denim Ltd. of the Chiripal Group based in Gujarat commenced operations in 1994 through textile trading and progressed to textile manufacture in 2004. The company products and activities include denim, cotton fabric, yarn and processing of fabrics. It has a manufacturing capacity of 110 MMPA of denim and 10 MMPA of shirting fabric.

Mr. Deepak Chiripal, CEO, Nandan Denim Ltd.

In 2016-17, Nandan Denim’s revenue crossed Rs. 1,200-crore level for the first time. The company is now focusing on the growing global market with the largest denim manufacturing capacity in India. And in doing so, it has advanced from being a peripheral participant in the denim revolution to becoming something more central to it.

Nandan Denim has expanded the denim manufacturing capacity from 99 MMPA in FY16 to 110 MMPA in FY17, making it the largest denim manufacturer in India and a leading global manufacturer. It has also expanded the spinning capacity from 70 TPD in FY16 to 141 TPD in FY17. The advanced spinning facility is capable of producing all specialised yarns like dual core, colored slubs and cotton stretch yarns.

The company has also invested in manufacturing competitiveness as well, principally derived from the integration of yarn spinning at one end and denim manufacture at the other. Over the years, it has strengthened its manufacturing integration through a number of priorities. One, the company has balanced its manufacturing across both products, making it possible for the yarn it manufactured to be consumed in the downstream production of denim, resulting in larger value addition. Two, the company invested in cutting-edge manufacturing technologies from leading suppliers across the globe, which translated into a higher capacity utilisation on the one hand and lower waste generation on the other. Three, it addressed the manufacture of value-added denim, making it possible to relatively insulate itself from competition.

The combination of these initiatives will strengthen the overall profitability and empower Nandan Denim to strengthen its global footprint at a time when China’s textile competitiveness is being affected by higher labour costs.

Nandan Denim has the capability to dye denim yarns with sheet dyeing and rope dyeing technologies. It turns out large or small volumes in various colors, reflecting its enhanced flexibility. The company’s fabric finishing techniques include wet chemical application, foam application, over-dyeing, peaching, coating, resin application, etc.

For shirting business, Nandan Denim has established a capacity of 20 TPD for yarn dyeing and 10 MMPA weaving capacity. It specialises in value-added products like slubs and dobbies. The processing machines impart fabric finishes like prints, peach, bio finish, ETI, normal soft finish, carbon finish, airo, coating and printing over yarn dyed fabrics and indigo dyed fabrics.

The company also offers indigo-dyed shirting fabrics in warped and webbed patterns.