Nahar Spinning Mills Weaves ₹3.25 Billion Modernization Plan Into Growth Strategy

Nahar Spinning Mills Ltd is set to consider a ₹3.25 billion modernization initiative for its spinning units, aiming to enhance operational efficiency and product quality across its textile manufacturing footprint. The proposal will be reviewed in the upcoming board meeting and reflects the company’s continued push toward technological advancement.

 

Key Highlights From The Proposed Modernization

 

- The plan includes upgrading legacy ring frames, speed frames, and carding machines with state-of-the-art equipment to improve yarn consistency and reduce contamination

- Automation and energy-efficient systems will be introduced to lower production costs and carbon footprint

- The modernization will be implemented across multiple facilities, including units in Ludhiana, Sangrur, and Mandideep

 

Strategic Rationale And Industry Context

 

- With over 5.74 lakh spindles and 1,080 rotors, Nahar is one of India’s largest integrated textile players, catering to both domestic and export markets

- The initiative aligns with the company’s broader goal of maintaining global competitiveness in cost and quality

- It follows recent expansions, including the addition of vortex spinning machines and airjet spindles, which have boosted capacity and product diversity

 

Outlook

 

If approved, the ₹3.25 billion investment will reinforce Nahar’s position in the premium yarn segment and support its long-term vision of sustainable and scalable textile manufacturing.

 

Sources: Indian Textile Magazine, Nahar Group Filings, Economic Times, Screener.in, owmnahar.com.