A B Cotspin India Ltd., a leading textile manufacturer in North India, has announced a major expansion of its solar power capacity. The company has successfully increased its solar power capacity by an additional 331 KW, bringing the total installed capacity to an impressive 3,131 KW. This expansion, which was initially planned for the end of January 2025, was completed ahead of schedule in mid-January 2025, underscoring the company's commitment to renewable energy and sustainability.

The increase in solar power capacity is a significant step in A B Cotspin India’s ongoing efforts to reduce its carbon footprint and lower operational energy costs. By reducing its dependency on conventional energy sources, the company is able to enhance its operational efficiency and contribute to a cleaner, more sustainable environment. This strategic expansion reflects the company's commitment to eco-friendly manufacturing, helping it to meet both environmental goals and cost-efficiency targets.

In a statement, Mr. Deepak Garg, Managing Director of A B Cotspin India, commented on the achievement, saying, “We are delighted to announce the expansion of our solar power capacity to 3,131 KW. This significant step reduces our dependency on conventional energy, lowers operational costs, and contributes to a substantial decrease in our carbon footprint. This expansion boosts our energy security and operational efficiency, allowing us to reinvest savings into innovation and technology, which enhances our product offerings and competitive edge. Aligned with our sustainability goals, these efforts ensure long-term growth and reinforce our position as a leader in eco-friendly manufacturing.”

A B Cotspin India’s commitment to sustainability goes beyond solar energy. The company adheres to global quality standards and sustainable practices, aiming to improve efficiency while reducing its environmental impact. With a focus on reducing operational costs and improving the competitive position of the company, this solar capacity expansion is expected to further strengthen A B Cotspin’s ability to serve both domestic and international markets.

Looking ahead, A B Cotspin India plans to continue its growth trajectory, with expectations to achieve a Turnover of ₹284 crore and an EBITDA of ₹35-40 crore for FY 2024-25. The company’s focus on sustainability and technological innovation positions it well for long-term success in the evolving textile market.

Founded in 1997, A B Cotspin India has grown from a cotton ginning unit to a fully integrated textile manufacturer, producing high-quality cotton yarn, knitted fabrics, cottonseed oil, and oil cakes. The company is committed to ethical practices and has been a pioneer in implementing sustainable practices in the textile industry. It complies with Better Cotton Initiative (BCI) standards and focuses on environmental responsibility, labour rights, and community engagement.

The company was listed on NSE Emerge in January 2022, marking a new chapter in its growth. It has already been three years since its listing, and the company continues to expand its capacity and diversify its business.

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