Nahar Spinning Mills Limited — Important, 31-07-2025: Capacity addition
31-07-2025 | 04:08 pm
31-07-2025 | 04:08 pm
Nahar Spinning Mills will invest Rs 350 Cr by FY28 to modernize its spinning units, replacing old machinery. This strategic upgrade, financed by internal accruals and bank loans, is set to boost production efficiency by 9%, enhance product quality, and cut costs. The move also aims to increase exports to quality-conscious markets like the US and EU. Additionally, an 11 MW solar PV system will be installed to further optimize operations.
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