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Arihant Industries Ltd.

BSE: 503897 Sector: Industrials
BSE 05:30 | 01 Jan Arihant Industries Ltd
NSE 05:30 | 01 Jan Arihant Industries Ltd

Arihant Industries Ltd. (ARIHANTIND) - Company History

Starting with only 12 powerlooms and an installed capacity of 96,000 mtr of cloth pa in 1977-78, Arihant Industries has become what may be termed a vertically integrated textile unit. Its fabrics are marketed under the Oswal Premium Suiting & Shirting brand. The company has frequently visited the primary market, since it first went public in 1984. A recognised export house, it has production facilities for wool combing, worsted / synthetic / cotton spinning, value-added texturised and twisted polyester filament yarn, manufacture of finished cloth and processing of fabrics. The worsted spinning unit at Sikandrabad (Bulandshahr district), UP, has an installed capacity of 12,000 spindles with a wool combing facility of 7,14,000 kg pa. The texturised polyester filament unit at Focal Point, Ludhiana, has an installed capacity of 312 spindles with twisting facilities along with a weaving unit. It has facilities at Matewara, Ludhiana, to process 72 lac mtr pa. The company is implementing a spinning unit at Baddi, Himachal Pradesh and it has increased its installed capacity of the worsted spinning unit at Sikandrabad, Uttar Pradesh, from 6000 spindles to 7200 spindles. In 1997-98, it installed the cotton yarn spindles with 7,056 nos.