Budget measures like corporate tax cut for MSMEs, plan to set up 100 international skill centres, and support to cluster approach for contract farming have brought cheer to the textile industry. An ITJ Report on the pros and cons of the Budget 2017-18.
Browsing: Nandan Denim
Denim fabric maker Nandan Denim expects to increase its production capacity to 110 million metres per annum by the next quarter. Nandan Denim Ltd (NDL) has a denim production capacity of 71 million metres per annum, at present. “We are expanding our capacity further to reach 110 million metres by Q1 of FY17 to become the country’s largest denim producer,†Nandam Denim President Govind Sharda said.
Nandan Denim Limited (NDL), poised to be Asia’s largest denim fabric manufacturer has reported a net profit of Rs 15.65 crore for the Q3 of FY 2015-16 as against Rs 12.63 crore in the corresponding period of 2014-15, a rise of 23.8 per cent.
India-based producer and exporter of warping, sizing and indigo denim yarn and fabric dyeing technologies, Jupiter Comtex Pvt Ltd is introducing a new innovation in Indigo Rope Dyeing technology at ITMA 2015.