Pranav. Spinning

Incorporated as a public limited company in 1990 Pranavaditya Spinning Mills is promoted by the Keshavlal Talakchand (KT) group. The KT group is an integrated group which has been manufacturing and exporting cotton yarn textiles knitwear and garments for the last five decades. The group started operations as a trading concern in 1942 and till today has promoted a number of companies engaged in the manufacture and export of textiles and textile-related products.The company's plant with 12768 spindles in Kolhapur district Maharashtra manufactures cotton yarn. Subsequently the capacity was increased to 16608 spindles. For further modernisation and expansion the company entered the capital market in 1995.The KT group to which the company belongs exports to nearly 30 countries all over the world including Australia Canada the UK Germany Italy Belgium the Netherlands Czechoslovakia Turkey Hong Kong Taiwan Mauritius Korea Singapore etc. During 1998-99 the Company applied to Maharashtra State Electricity Board (MSEB) to put up a Captive Power Plant of 1.9 MW capacity at cost of Rs. 550 lacs.