Sportking, steady expansion of spinning capacity

Munish Avasthi, Managing Director, Sportking India

The company produces a well-diversified range of grey and dyed textile yarns to cater to the demands of the weaving and knitting industry

Established in 1989, Sportking India Limited is one of India’s leading textile companies and owns three state-of-the-art manufacturing facilities equipped with the latest machinery to produce yarns of benchmark quality. The company produces a well-diversified range of grey and dyed textile yarns to cater to the demands of the weaving and knitting industry in domestic as well as international markets. With a presence in more than 30 countries, Sportking India represents India on the world stage with a commitment to deliver superior quality products among evolving trends in customer preferences.

Sportking India’s revenues in FY 2022 increased 64.9% year-on-year to Rs 2,154 crore. The company has successfully completed expansion at its Bathinda complex, adding 68, 000 spindles at its state-of-the-art plant, achieving total overall capacity of 275, 000 spindles. The current capacity utilisation across all the units is more than 95%. Unit 1 has a capacity of 65,904 spindles focussing on acrylic and polyester-blended cotton yarn. Unit 2 is a dye house with a capacity of 15-20 MTPD to support Unit 1 and 3 for synthetic fibre and yarn dyeing and processing.

Unit 3 is a spinning unit with 208, 800 spindles. This unit focuses on compact and contamination-free cotton and polyester cotton-blended yarn. As part of its expansion programme, in the first phase Sportking India will add 40,800 spindles at the Bathinda unit, the commercial operations of which are scheduled to begin from June or July 2022. In the next phase of expansion, the company will add 63,072 spindles and a 10 MW rooftop solar plant for captive power consumption. The new spinning capacity is expected to start commercial production by Q4 of FY 2022-23.