Borana Weaves Ltd, a prominent name in India’s synthetic greige fabric industry, announced the early start of 108 new looms at its Unit 4 facility, three months ahead of the planned December timeline. The total investment for Unit 4 stands at ₹71.35 crore, funded through IPO proceeds. This facility will house a total of 348 advanced water jet looms, with an annual production capacity of 112.75 million meters (approximately 9.39 million meters per month).
Currently, 300 looms are operational at Unit 4, with the remaining 48 expected to be commissioned by October 2025. The new unit will produce Greige cloth, boosting Borana Weaves’ overall annual capacity to 346 million meters across its manufacturing locations.
With the launch of Unit 4, Borana Weaves aims to strengthen its standing in the Synthetic Greige Fabrics market, increasing its market share from 20–25% to around 25–30%. This expansion is expected to improve operating margins and better position the company to meet demand from both domestic and international clients.
The facility is equipped with High-Speed Water Jet Weaving looms, which are more environmentally friendly compared to traditional weaving methods, underscoring the company’s commitment to sustainable manufacturing.
Commenting on the development, Rajkumar Borana, Executive Director and Chief Financial Officer of Borana Weaves, said, “Completing Unit 4 ahead of schedule reflects our dedication to meeting growing market demand. This step is driven by strong order inflows and positive demand forecasts. The expansion marks an important milestone as we work towards becoming one of India’s largest producers of synthetic greige fabric.”
Borana Weaves is set to increase its annual production capacity to 346 million meters by October 2025, positioning itself as a stronger player in the synthetic greige fabric market. This expansion is expected to boost the company’s market share to nearly 30%, reflecting its growing influence and competitiveness within the industry.
The move also supports Borana Weaves’ long-term growth strategy of becoming one of the leading manufacturers nationally. By reducing dependence on outsourcing and capitalizing on economies of scale, the company aims to improve its operating margins, driving greater efficiency and profitability.
Established in 2020 and based in Surat, Borana Weaves Limited specializes in manufacturing unbleached synthetic greige fabrics used in applications such as dyeing, printing, home décor, fashion, and technical textiles. Upon full expansion, the company will employ around 666 people across four units and cater to both Indian and international markets through advanced technology and sustainable practices.
