Nagreeka Exports Ltd - mumbai, maharashtra

M/s. nagreeka exports ltd. was incorporated with the registrar of companies, west bengal on 6th march 1989 with an authorized capital of rs. 150 lakh. this is now increased to rs. 1500 lakh. the company was promoted by late shri ishwarlal patwari and his family to undertake their family business of yarn trade. the company pursued trading of cotton yarn to mainly bangladesh and decided to set up its own spinning mill in 1993 to overcome the yarn shortage and cater to its existing customer base.the company export oriented cotton spinning unit with 55440 spindles is located in village yavluj, taluka panhala, dist. kolhapur, maharashtra. the company is producing about 7500 tpa of world class normal cotton yarn and organic cotton yarn in the count range from english count ( ne ) 20s to 61s with an average count of ne 39s and double combed, carded, compact and slub suitable for knitting and weaving sector for both export and domestic markets. this plant was commissioned in 1994 with a capital outlay of rs.57 crores and installed capacity of 26208 spindles which was expanded to 55440 spindles and modernized in year 2005-2007 with a capital outlay of above rs. 81 crores. the company enjoys a very good name for its cotton yarn and its commitments in the international markets and is unable to meet its demands. this is the reason company resorts to merchant exports, in which they are very strong since their inception. the company also has trading division and exports raw cotton, cotton yarn and other commodities. this division is also doing well and has added turnover of about rs. 200.27 crores in fy 2019-20 the company have invested approx. rs.85.00 cr in yarn dyeing & cotton bleaching unit in 2012-2017. this project is situated at kagal hatkanangale five star midc at kagal kolhapur in maharashtra on successful implementation of the new project and its good performance the company is enthused to move further and take more value added projects"

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