The proposed
venture aims to strengthen India’s export-oriented textile industry by
leveraging advanced manufacturing technology and expanding access to
international markets, according to a company statement. The facility will manufacture premium-quality
100 per cent cotton jacquard fabrics and other value-added textile products for
export markets. Commercial production is targeted to commence within eight
months. The project envisages the
installation of 48 advanced air-jet looms equipped with Jacquard technology,
supported by modern warping and sizing facilities to enable efficient
production of high-quality fabrics.
In the first phase, the facility is planned to achieve an annual
production capacity of 3 million metres. A second phase is envisaged to double
the capacity to 6 million metres annually, enabling the venture to scale up
operations in line with export demand.
The second phase will focus on value-added technical textiles and niche
patented textile fabrics, targeting opportunities in the growing
non-conventional textiles segment, the company said. The proposed investment comes amid
significant opportunities to expand India’s presence in the European textile
market. According to figures cited in the company statement, India’s fabric
exports to the European Union stood at approximately $0.08 billion in 2025,
compared with EU fabric imports valued at $2.38 billion during the year.
The new venture is
expected to support the development of advanced textile manufacturing capabilities
in Tamil Nadu while creating opportunities to serve international markets with
premium and specialised fabric products.