KPR Mill Weaves Growth with Rs 1,225 Crore Expansion Plan

KPR Mill’s Board has greenlit a Rs 1,225 crore capital expenditure plan to modernize and expand its textile manufacturing operations. Approved on August 10, 2026, the funding will drive three greenfield and four expansion projects spanning spinning, knitting, processing, and garments. Highlights include a Rs 450 crore investment for a new garment facility in Odisha—adding a capacity of 45 million pieces—and a Rs 250 crore processing plant in Perundurai. Entirely financed via internal accruals, the projects are slated for completion between Q4/FY27 and Q2/FY28, targeting an incremental turnover of Rs 2,000 crore primarily from FY28 onward.

News by Rahul Yelligetti.