Mr. Dinesh Nolkha, aged 46 years, is Managing Director of Nitin Spinners Ltd., Bhilwara. He is presently looking after the day-to-day operations, Marketing, Exports and Finances of the company.
Born in 1970 in Bhilwara, Mr. Nolkha completed his initial schooling at Bhilwara and Ajmer and graduation at Jaipur. After graduation he went to Mumbai for pursuing the professional course of Chartered Accountancy and Management Accountancy. He served as an articled trainee with Sharp & Tannan, a leading firm of chartered accountants. He has secured fellow membership of the Institute of Chartered Accountants of India and the Institute of Cost & Management Accountants of India.
He had a brilliant academic career having secured the 4th rank on all-India basis in ICMA Final Exams in 1991 and the 43rd Rank in ICAI Final exams in 1992.
Enterpreneurship
After completing his professional education, the entrepreneur instinct in Mr. Dinesh Nolkha prompted him to enter the textile industry. He was instrumental in setting up Nitin Spinners Ltd. in 1993 with an initial investment of Rs. 3 crores. With continuous expansion, the total capital investments in the company has grown to over Rs. 850 crores.
Nitin Spinners is one of the largest manufacturers of cotton yarn & knitted fabric with installed capacity of 2,25,000 spindles, 3,000 rotors and 49 knitting machines, producing 5,00,000 tpa yarn and 8,000 tpa fabrics. The company is having its global presence with exports to more than 50 countries, including the European Union, the US, the UK, China / Hongkong, Latin America, Africa and other Asian countries.
The turnover of the company for 2015-16 was Rs. 767 crores, out of which exports accounted for Rs. 531 crores. The company employs, about 3,000 persons.
The company is also having certification of ISO 9001, OEKO Tex Standard and GOTS/EKO Sustainable Textiles and for producing organic and BCI yarns.
Nitin Spinners has been awarded the TEXPROCIL Silver Trophy for Second Highest Exports in the category of grey fabrics for 2006-07 and 2007-08 and the Bronze Trophy for 2010-11, 2014-15 and 2015-16. The company has also been awarded for the first time by the TEXPROCIL Bronze Trophy for third highest exports of cotton yarn in counts 50s and below for 2015-16. The Government of Rajasthan has also conferred on the company with the State Award for “Excellence in Exports” for 2007-08, 2010-11 and 2013-14.
Mr. Dinesh Nolkha is Vice President of the Mewar Chamber of Commerce & Industry since 2015.