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Related Keywords: backward integration, completed its capacity expansion, largest denim manufacturer in India, lately caught the Street's fancy, little-known textile midcap, Nandan Denim Limited, NDL, NDL looks set to garner market share, post-GST regime, reality of new taxes., unorganized players grapple

Nandan Denim Limited (NDL), India's largest denim manufacturer and a little-known textile midcap, has lately caught the Street's fancy. Having completed its capacity expansion and backward integration, NDL looks set to garner market share in the post-GST regime as unorganized players grapple with the reality of new taxes.

Denim fabric contributes 80-90 percent to NDL's annual turnover on an average, is the company's forte.

Related Keywords: Ahmedabad-based Nandan Denim Limited, backward integration, Chinese denim makers facing slowdown, denim fabric capacity expansion, emerge as one of the largest denim suppliers, focus on fabric making, NDL sees good opportunity in export business, top give players of denim, vertical integration as well as lateral integration

Ahmedabad-based Nandan Denim Limited, which started manufacturing operation in 2004 with a 10 million meters capacity in denims and in the last decade they have been continually expanding and they has set their focus on fabric making and emerge as one of the largest denim suppliers not only in India but globally also to be among top five players of textiles particularly denim.