# Vardhman invests Rs 20 billion in spinning and technical textiles expansion

Vardhman sanctioned a Rs 20 billion capital outlay to enhance spinning capacity (adding 50,000 equivalent spindles) and enter technical textiles with a target of 1.5 million metres of fabric per month, to be completed within two years.

- Type: Expansion
- Announced: 2024-05-14
- Where: India
- Value: $240.0M (20.0B INR)
- Starts operating: 2026
- Status: announced
- Capacity: 1.5 million metres of fabric per month (technical textiles); 50,000 equivalent spindles (spinning)
- Products: technical textiles, spun yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Vardhman](https://endata.com/companies/77409.md)

## Sources

- [indiantextilejournal.com](https://indiantextilejournal.com/vardhman-invests-rs-20-billion-expands-into-technical-textiles/), 2024-05-14: "The company would invest in new capacity for Technical Textiles, targeting a production output of 1.5 million metres of fabric per month."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.