Lagnam Spintex Commences Commercial Production Ahead of Schedule

New Delhi (India), February 5: Lagnam Spintex, a Rajasthan-based textile producer, announced that commercial production has begun on the 31st January 2024 at its substantially enlarged manufacturing plant, months ahead of schedule. The firm has invested Rs 218 crore to double its production capacity from 35 tons to 70 tons per day by installing 41,472 spindles for producing 100% cotton “Compact Yarn.”

During trial production, Lagnam Spintex sold approximately 3,700 metric tons of yarn worth Rs 92 crore to leading domestic corporates and exported several containers overseas to countries including Europe, Bangladesh, Columbia, Egypt, Morocco and Peru. Exports accounted for over 45% of total turnover from the new capacity.

“Our quality is well-accepted domestically and abroad. We are seeing high demand for this new product mix from existing and potential customers,” said Anand Mangal, Promoter and Managing Director, Lagnam Spintex. He added that the expanded product range would help attract large corporate customers in India and internationally, bringing cost advantages.

The newly installed technology from renowned German, Swiss, and Spanish manufacturers allows the firm to make high-quality Compact yarn with counts ranging from Ne 16 to Ne 40. Mills and fabric manufacturers utilize the yarn to make textiles including knitted fabrics, terry towels, clothing, denim and home furnishings.

Lagnam Spintex has a well-established reputation for producing high-quality 100% cotton yarns for both domestic and foreign markets. The increased capacity, innovative technology, and high-quality product mix are projected to strengthen its position with consumers across all market categories.

The company’s ability to operationalize the capacity expansion months in advance while acquiring new customers demonstrates excellent project execution and market responsiveness.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Press Release

Unveiling Romance: Siddharth and Aditi Rao Hydari shine bright in custom-made rings by Andal Jewels for their engagement

We are excited to share with you a first-look at the recent engagement of two beloved celebrities, Siddharth and Aditi Rao Hydari, who have won hearts with their luminosity and charisma. Their engagement was an expression of love and elegance, accentuated by the exchange of a custom-made Toi Et Moi (You and Me) ring for […]

Read More
Press Release

The Pride of Gujarat Awards honor 50 remarkable individuals in business and social sectors

Ahmedabad (Gujarat) [India], May 22: Fifty individuals and organizations that excel in business, entrepreneurship, and social work were honored with The Pride of Gujarat Awards – 2024 at a ceremony held at the YMCA Club in the presence of notable figures from across Gujarat. The guests included Thakkarbapa Nagar MLA Kanchanben Radadiya; Gujarat BJP Yuva […]

Read More
Press Release

Liaquat Gola of Dimension Pictures Shines at Cannes with “Being Alive” Premiere

Mumbai (Maharashtra) [India], May 22: Liaquat Gola, the visionary owner of Dimension Pictures Pvt Ltd, producer and writer of “Being Alive” which is showcased under the category of “Short Film” walked the prestigious Cannes Film Festival red carpet representing the film on the international platform. At the helm of this cinematic triumph is the visionary […]

Read More