BRFL
Textiles Private Limited (BTPL), home to India’s largest single-roof
state-of-the-art fabric processing facility, has boosted production at its
Tarapur plant from 100,000 meters per day to now 150,000 meters per day as a
consequence of improved capacity utilisation within two months of raising
private equity funding.
BTPL
aims to reach its annual processing capacity of 144 million meters (400,000
meters per day) over due course of time. Recently, BTPL completed an INR 2.4 Bn
equity infusion from a consortium of marquee financial investors led by JM
Financial India Fund II (an Indian growth private equity fund), Think
Investments (a San Francisco-based investment firm), and others.
Speaking
on expanding the capacity utilization of BTPL’s Tarapur unit, Prashant Agarwal, Managing Director at
BTPL, said “Over the years, the fabrics from our Tarapur plant have earned
the trust of our customers for its superior quality and design innovation &
uniqueness. With the influx of PE funds, our manufacturing capacities are now
being further leveraged to expand our output and market presence. We will
continue to invest in people and maintenance capex to ensure that our
state-of-the-art equipments at our plant is well oiled, efficiently run and
complies with all regulatory standards. In serving our customers with timely
deliveries of new-age fabrics and by supplying innovative designs, our Tarapur
unit is poised to grow into one of the leading fabric processing houses in the
country.â€Â
BTPL’s
Tarapur plant is India’s largest single roof fabric processing unit supported
by its captive power, effluent treatment, RO water, and other utilities
enabling cost competitiveness. The state-of-the-art multi-fibre fabric
processing unit also has a captive yarn dyeing unit with an annual capacity of
10.6 million kg (29 tonnes per day). BTPL’s solid and yarn dyed fabric,
printing, processing, and finishing techniques are a mark of excellence making
every piece of fabric perfect. The plant also employs over 2000 staff at the
facility.
BTPL
has a strong presence in the B2B and B2C space along with long-standing
relations with leading brands across the globe, and sells through large
garmenters in India who also sell to domestic brands. On the domestic branded
sales front, the distribution network of BTPL is spread across its own EBOs,
over 100 distributors and over 8000 retailers.
BTPL
was recently formed as a separate entity in August 2020 as part of a restructuring
process undertaken by Bombay Rayon Fashions Limited, in which it hived-off its
Yarn Dyeing & Fabric Processing units located in Tarapur, into BTPL by way
of a slump sale on a going concern basis. The Company’s brands, including
Bombay Rayon, BRFL, Linen Vogue, Giza Classe, Dickens & Browne and others,
were also a part of the transaction.
BTPL
is engaged in processing a wide range of fabrics at its plant located at
Tarapur in Maharastra, India. The Tarapur plant is a multi-fibre fabric
processing unit using cotton, linen, giza cotton, viscose, polyester, tencel,
modal, lycra, along with their blends. With its annual processing capacity of
144 million meters (400,000 meters per day), the Tarapur plant is the largest
single roof fabric processing unit in India adequately supported by its captive
power, effluent treatment, RO water and other utilities enabling cost
competitiveness. It also has a captive yarn dyeing unit with annual capacity of
10.6 million kg (29 tonnes per day).