Vardhman Textiles Ltd. has forayed into printed fabrics by commissioning the first phase of its printed line. It commissioned a printed fabric facility with an annual capacity of 9 millon metres at Baddi in Himachal Pradesh. It has installed machinery with state-of-the-art technology suitable for woven, knitted and non-woven fabrics.
Vardhman has also installed laser engraving machines to get quality printing registration on fabrics. Other than cotton, the company is printing on various bases like modal, tencel, viscose, CVC and cotton poly bases, among others.
Vardhman Textiles is today one of the largest textile companies in India manufacturing cotton yarns & fabrics with a capacity of over 1.00 million spindles, constituting about 2% of the country’s yarn production, 1,320 looms for weaving of fabrics and 110 million meters per annum of fabrics processing capacity.
The company incurred a capital expenditure of around Rs. 2,000 crores in the last five years. Currently it operates at near 100% utilisation levels in the yarn business, catering to diverse customer requirements. It manufactures a wide range of textile products across yarn, fabrics and fibre (acrylic) and has the operational flexibility to strengthen it further. Besides cotton yarn and blends, it is looking at more synthetic and blended yarns and is also taking steps to expand its existing fabric processing capabilities.
Vardhman has a planned capital expenditure of Rs. 2,500 crores over three-four years towards the ongoing schemes at Baddi, as well as the proposed expansion at Satlapur and Budhni in Madhya Pradesh and modernisation in other units.
The proposed capex would be partially towards the ongoing expansion schemes for enhancing yarn dyed and printed fabric capacity as well as increasing the looms capacity. Further, it has been proposed to increase the fabric processing capacity at Budhni, along with the installation of additional spindles at Satlapur.
Vardhman has improved its technology platform, so that its process automation, product quality and monitoring processes can be upgraded to deliver higher and better output. The company’s technological capabilities have accelerated data-driven analytics and decision-making, enabling it to capitalise on opportunities at a faster rate.