Textile manufacturer Nitin Spinners is entering its next phase of growth through its capacity expansion. The company plans to invest between Rs. 1,100 crore (US $116.27 million) and Rs. 1,120 crore (US $ 118.37 million) over the next two years to expand its spinning, weaving and finishing capacities.
The Rajasthan-based company is expanding its weaving and finished fabric capacities while making a relatively smaller addition to its spinning capacity. The move is aimed at increasing the share of value-added fabric in its product mix and enhancing overall profitability.
Chairman and Managing Director Dinesh Nolkha said the expansion would strengthen the company’s earnings profile. “This new expansion should give us around an additional Rs. 1,000 crore (US $116 million) in additional revenue. We expect total revenues to reach Rs. 4,400–4,500 crore (US $ 512–523 million) once the expanded capacity is fully operational.”
Currently, around 20% of the yarn produced by the company is converted into fabric. With the completion of the expansion, this is expected to rise to over 30%, allowing the company to increase its value-added product mix without reducing yarn sales.
Meanwhile, the new facilities are expected to begin commercial production during the second half of the current financial year, with capacity utilisation gradually increasing through the following year.
Beyond capacity expansion, Nitin Spinners also sees the proposed free trade agreements (FTAs) with the UK and the European Union as a major growth opportunity for its export business.
Bharat Tex Special Report 2026 
