GHCL commences commercial production at new ‘Meenakshi’ section in Madurai

GHCL Textiles has initiated its next growth phase by commencing commercial production at its fully automated ‘Meenakshi’ section in Paravai, Madurai. This expansion boosts the company's spinning capacity by adding 25,536 ring spindles, bringing its total installed capacity to 224,976 ring spindles. The existing 199,440 ring spindles were already operating at nearly full utilization (99.0 per cent), highlighting the timely need for this augmentation. The company funded this approximately Rs 215 crore investment through internal accruals.

RS Jalan, Director, GHCL Textiles, states, the new unit reflects GHCL's dedication to growth and excellence in the textile sector. This new capacity enhancement supports business expansion plans and reinforces their commitment to delivering superior value to stakeholders while contributing to Tamil Nadu's industrial development, he emphasizes.

This move aligns with GHCL Textiles' long-term vision to solidify its leadership in the Indian textile manufacturing sector, enabling it to serve both domestic and international markets more effectively.

A prominent manufacturer and exporter of high-quality yarn and fabric, GHCL Textiles operates two advanced facilities in Tamil Nadu, India. The company focuses on innovation and global competitiveness, supplying premium cotton yarns and textiles worldwide. Committed to sustainability, GHCL Textiles sources 75 per cent of its energy from renewable sources, utilizing 62MW of green energy capacity to minimize its carbon footprint. Beyond business, the company actively engages in corporate social responsibility initiatives, supporting agriculture, animal husbandry, healthcare, women's empowerment, and education.