BRFL Textiles Private Limited (BTPL), India's largest single-roof state-of-the-art fabric processing facility, has increased production at its Tarapur plant from 100,000 metres per day to now 150,000 metres per day as a consequence of improved capacity utilisation within two months of raising private equity funding. BTPL processes a wide range of fabrics.
BTPL aims to reach annual processing capacity of 144 million metres (400,000 metres per day) over due course of time. Recently, BTPL completed an ₹2.4 billion equity infusion from a consortium of marquee financial investors led by JM Financial India Fund II (an Indian growth private equity fund), Think Investments (a San Francisco-based investment firm), and others.
“Over the years, the fabrics from our Tarapur plant have earned the trust of our customers for its superior quality and design innovation and uniqueness. With the influx of PE funds, our manufacturing capacities are now being further leveraged to expand our output and market presence. We will continue to invest in people and maintenance capex to ensure that our state-of-the-art equipments at our plant is well oiled, efficiently run and complies with all regulatory standards. In serving our customers with timely deliveries of new-age fabrics and by supplying innovative designs, our Tarapur unit is poised to grow into one of the leading fabric processing houses in the country,” BTPL managing director Prashant Agarwal said in a press release.
BTPL’s plant in Tarapur, Maharashtra, is India’s largest single roof fabric processing unit supported by its captive power, effluent treatment, RO water, and other utilities enabling cost competitiveness. The state-of-the-art multi-fibre fabric processing unit also has a captive yarn dyeing unit with an annual capacity of 10.6 million kg (29 tonnes per day). BTPL’s solid and yarn dyed fabric, printing, processing, and finishing techniques are a mark of excellence. Over 2,000 staff is employed at the plant.
BTPL has a strong presence in the B2B and B2C space alongwith long-standing relations with leading brands across the globe, and sells through large garmenters in India who also sell to domestic brands. On the domestic branded sales front, the distribution network of BTPL is spread across its own EBOs, over 100 distributors and over 8,000 retailers.
BTPL was formed as a separate entity in August 2020, as part of a restructuring process undertaken by Bombay Rayon Fashions Limited (BRFL), in which it hived-off its yarn dyeing & fabric processing units located in Tarapur, into BTPL by way of a slump sale on a going concern basis. The company’s brands, including Bombay Rayon, BRFL, Linen Vogue, Giza Classe, Dickens & Browne and others, were also a part of the transaction.
Source:Fibre2Fashion News Desk (RKS)