Sri Nachammai Cotton Mills

Sri Nachammai Cotton Mills Limited, incorporated in March 1980, is a key player in India's textile industry, which is the country's second-largest employer. The company's vision is to continuously build on its past performance and strong financial position to achieve better prospects every year. A core principle is to operate with fairness and transparency, ensuring high standards of corporate governance to protect stakeholder interests. The main business is cotton yarn spinning, where the price and availability of raw cotton significantly influence the company's performance. Its expansion and modernization initiatives have been successfully funded through a mix of internal profits and long-term borrowings over the years. This strategic funding has enabled it to grow from 16,120 spindles at its inception to a current capacity of 53,664 spindles and 504 rotors.;