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Corporate Update

K.P.R. Mill Clears ₹1,225 Crore Textile Expansion

K.P.R. Mill has approved a ₹1,225 crore capital expenditure plan to expand and modernise its garment, processing, knitting and spinning operations. Funded entirely through internal accruals, the projects are expected to generate an additional ₹2,000 crore in annual turnover.

The biggest investment is a ₹450 crore greenfield ready-made garment plant in Odisha, with capacity to produce 45 million garments a year. The facility is targeted for completion by Q1 FY28 and will strengthen K.P.R. Mill’s presence in export-oriented garment manufacturing.

The company will also invest ₹250 crore in a new processing plant at Perundurai, adding 10,000 MT of annual capacity, and ₹75 crore in a greenfield sweater factory at Karumathampatti with capacity of 2.5 million garments annually.

Existing operations will receive substantial upgrades. K.P.R. Mill has allocated ₹175 crore for Spinning Mill Unit 1 and ₹85 crore for Unit 3 at Karumathampatti. Another ₹100 crore will expand knitted fabric capacity at Neelambur by 20,000 MT, while ₹90 crore will add 15,000 MT at Arasur.

The expansion includes three greenfield projects and four modernisation-cum-expansion projects, with completion scheduled between Q4 FY27 and Q2 FY28.

The investment strengthens K.P.R. Mill’s vertically integrated model, adding capacity across the chain from spinning and fabric to processing and finished garments. The Odisha facility also gives the company another manufacturing base to tap regional incentives and export opportunities.

The scale is significant: 45 million new garments, 25,000 MT of additional knitted fabric capacity and 10,000 MT of new processing capacity—backed entirely by the company’s own cash generation.

The investment strengthens K.P.R. Mill’s vertically integrated model, adding capacity across the chain from spinning and fabric to processing and finished garments. The Odisha facility also gives the company another manufacturing base to tap regional incentives and export opportunities. The scale is significant: 45 million new garments, 25,000 MT of additional knitted fabric capacity and 10,000 MT of new processing capacity—backed entirely by the company’s own cash generation.

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