Angel Fibers which is primarily engaged in the business of spinning of cotton has announced its expansion plans. Currently the company has 19,584 spindles installed at its plant in Jamnagar, Gujarat. It has added another 20,064 spindles to its current capacity.
Mr. Ashok Dudhagara, Managing Director, Angel Fibers, said: “We are glad to inform that we have successfully installed plant and machineries for additional 20,064 spindles to increase the production capacity. Considering the expansion in cotton yarn production capacity, we are increasing the number of direct customers and yarn traders/merchant exporters. We would eventually enter the fabrics segment”.
Angel Fibers is a highly dynamic organisation manufacturing 100% cotton, spun, and grey yarn with a deep understanding of the global textile industry. It has adopted the latest technology machines to spin yarn of global standard.
Angel Fibers can produce 4,320 tons of cotton yarn per annum. With the new capacity in place, it can produce upto 10,440 tons.
The company is also planning to set up a new denim plant with an annual capacity of 2,000 tons as part of its forward integration plan.