Borana Weaves Boosts Capacity with Early Completion of Unit 4 Expansion
Borana Weaves Limited has completed its Unit 4 expansion at its Surat facility, adding 48 water jet looms and bringing the total to 348 looms in Unit 4. The ₹71.35 crore expansion, funded by IPO proceeds, increases the company's overall capacity to 346 million meters annually. The new unit, focusing on Greige cloth production, employs eco-friendly water jet weaving looms. This expansion is expected to enhance production, strengthen market presence, and improve profitability.

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Borana Weaves Limited , a prominent manufacturer of synthetic greige fabric in India, has announced the successful completion of its Unit 4 expansion ahead of schedule. The company has commenced commercial operations for 48 water jet looms at its Surat facility, bringing the total number of operational looms in Unit 4 to 348.
Expansion Highlights
- Total Capex: ₹71.35 crore, fully funded through IPO proceeds
- New Capacity: 112.75 million meters per annum (9.39 million meters per month)
- Overall Capacity: Increased to 346 million meters annually
Operational Impact
The early completion of Unit 4 marks a significant milestone for Borana Weaves. The expansion is expected to yield several benefits:
- Enhanced Production: The addition of 348 state-of-the-art water jet looms significantly boosts the company's manufacturing capabilities.
- Eco-Friendly Operations: The new unit employs high-speed and environmentally friendly water jet weaving looms, aligning with sustainable manufacturing practices.
- Market Reach: The increased capacity is anticipated to strengthen Borana Weaves' presence in both domestic and international markets.
- Product Focus: Unit 4 will specialize in manufacturing Greige cloth, reinforcing the company's integrated manufacturing strength.
Financial Implications
Rajkumar Borana, Executive Director and Chief Financial Officer of Borana Weaves, expressed optimism about the expansion's impact on the company's financial performance. He stated, "This expansion is expected to improve profitability and enhance the Company's reach across domestic and international markets."
Company Overview
Aspect | Details |
---|---|
Establishment | 2020 |
Headquarters | Surat |
Core Product | Unbleached synthetic greige fabrics |
Applications | Dyeing, printing, home décor, fashion, and technical textiles |
Total Manufacturing Units | 4 |
Combined Capacity | 346 million meters |
Workforce | Approximately 666 employees |
Borana Weaves Limited's successful expansion underscores its commitment to growth and operational excellence in the textile industry. The company's focus on advanced technology and sustainable practices positions it well to meet the increasing demand in both domestic and global markets.
As the textile sector continues to evolve, Borana Weaves' strategic expansion could potentially strengthen its competitive position and contribute to long-term value creation for stakeholders.
Historical Stock Returns for Borana Weaves
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.58% | -0.59% | +1.29% | -12.29% | -12.29% | -12.29% |