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Mafatlal Industries Ltd, the flagship company of the diversified Arvind Mafatlal Group, today said it has increased its production capacity from 20 million meters to 25 million meters.
The company also plans to further raise it to 30 million meters by 2015.
"We have increased our denim manufacturing production capacity from 20 million meters to 25 million meters and plan to increase it to 30 million meters by 2015 at our Navsari unit in Gujarat," MIL Managing Director Rajiv Dayal said in a statement here.
The overall Indian production of denim fabrics is approximately 800 million meters per annum (MMA). Out of this, India's export stands at around 200 MMA and the balance 600 MMA is consumed by the domestic market.
Indian denim fabrics market is growing at a rate of about 8 to 12%, compounded per annum, Dayal said.
The company has an international and domestic market distribution network catering to global brands like Jack & Jones, Wrangler, Lee, and C&A as well as domestic brands like Killer, Mufti, Spykar and Allen Solly.
