By IANS
Ahmedabad : City-based textile company Chiripal Group of Industries said Thursday that it intends to produce denim fabric in larger quantities by expanding capacity of group company Nandan Exim Ltd.
Deepak Chiripal, managing director of Nandan Exim Ltd, told newsmen that the company would increase capacity of its plant to 40 million metres a year from the current 30 million.
“The plant is operating at full capacity and the company is not deterred by the current trend of oversupply of denim fabric both in domestic and global markets,” Chiripal said.
He said there would be a turnaround in the denim market by the time his company added more capacity. The work would be completed by the end of this year.
As the group has started its own apparel brand, a part of the output will be utilised with the group, he said.