Tuesday 10 June 2014

KPR Mill initiates expansion plans in its Garment Business

In order to meet increased demand in garment exports, KPR Mill has initiated expansion plans in its Garment Business. Besides expanding capacity of its existing facility, the company has added a new facility near Tirupur, the Asia’s Largest Knitwear Cluster. This shall increase its present capacity of 30 Million pieces to 40 Million pieces per annum (single shift).
Since major infrastructures are already in place, its operation is expected during the First quarter of FY 15. It would result in creation of direct employment for about 1,000 People.
Meanwhile, the company has set up a new unit with 12 Million Pieces per annum capacity at Thekkalur, near Tirupur. The land has already been acquired and construction work has commenced. It is expected to become operational during the Fourth quarter of FY 15. It would result in creation of direct employment for about 1,200 People.
These capacity additions are expected to enhance the Vera garment operations of KPR by over 50% in two years.
KPR Mills is a leading garment exporter as well as a largest vertically integrated apparel company, engaged in manufacturing and marketing readymade knitted garments, knitted fabrics and cotton yarn.

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