The 2,100-crore asset-based KPR Group has been registering sustained growth over the years, thanks to its strong fundamentals and unique key strengths. KPR’s initiative to scale up garment capacity from 59 million pieces to 95 million pieces per annum, which would make it the largest garment manufacturing company in the country, is in progress.
KPR which is one of the largest vertically integrated textile players manufacturing and marketing readymade knitted garments, knitted fabrics and cotton yarn, is now initiating significant capacity expansion in its processing facility with advanced cold processing technology to meet its additional requirement.
The advanced continuous process technology helps in minimizing the cost of production, as it eliminates salt usage in process, as also water and energy consumption. The technology ensures safe processing of delicate and sensitive fabrics with minimal interruption through rotary screen printing. Besides ensuring improved quality and higher color uniformity, it will also help the company have 100% capacity addition, from 25 MT to 50 MT per day.
The estimated project cost of Rs. 120 crores will be funded through internal accruals and debt. Expected to be completed in nine months, the project is eligible for capital subsidy under the Amended TUF Scheme.
With the doubling of the processing capacity the company expects to have bigger overseas customers, besides widening its current client base.
