AB Cotspin India, a leading textile manufacturer with over 25 years of industry expertise, announces a major Capacity Expansion upto ₹1500 crores. The proposed capacity addition is approx. 2,00,000 spindles. This capacity expansion is likely to be completed within 3 years. The existing capacity is 50,832 spindles. This expansion will be across India, including but not limited to the states of Madhya Pradesh and Maharashtra.
It will be an integrated green textile manufacturing facility. This includes the acquisition of or taking on lease land from the Government or other authorities, establishment of manufacturing plants, warehousing facilities, logistics units, and all related infrastructure required for operations in spinning, ginning, yarn manufacturing, processing, and utilization of by-products. The Co. may make the necessary investments, acquire or take on lease assets, develop facilities, and enter into relevant contracts, partnerships, or collaborations to implement the expansion.
The expansion aims to meet growing market demand, increase customer reach, and enhance competitiveness. It supports our long-term growth strategy through operational scaling and improved profitability.
This expansion will be funded through various channels, including bank finance, internal sources, government incentives, etc.
Commenting on this achievement, Mr. Deepak Garg, Managing Director of the AB Cotspin India, said, “We are delighted to announce this 2,00,000 spindles capacity expansion plans with an investment up to ₹1500 crores, which underscores the growing demand for our high-quality cotton yarn and eco-friendly textile solutions. This strategic expansion aligns with the Hon’ble Prime Minister’s “Five Fs” framework for the textile sector— Farm to Fiber, Fiber to Factory, Factory to Fashion, and Fashion to Foreign. By enhancing production capabilities, A B Cotspin reaffirms its commitment to quality, sustainability, and global competitiveness. This expansion not only strengthens our position in domestic and international markets but also significantly contributes to increasing our sales and profitability. At the core of our operations is a steadfast commitment to sustainability and innovation—whether through advanced recycling practices, renewable energy utilization, or resource optimization. As we expand our product range and enhance operational efficiencies, we remain focused on driving long-term growth while making a positive impact on the environment and the textile industry.
We are proud to reaffirm our position as a leader in sustainable manufacturing. We have strengthened our financial foundation, while our investment in Solar Power demonstrates our dedication to a greener future. As we continue to execute on our strategic priorities, we remain confident in our ability to deliver sustainable growth and long-term value for our shareholders. At AB Cotspin, we are Crafting Excellence, Thread by Thread, with a strong commitment to honesty and quality.”
