Ashima group sets up garment washing plant at Ahmedabad

Our Corporate Bureau

Mumbai, May 22: THE Rs 600-crore Ashima group is setting up a garment washing plant at Ahmedabad at a cost of Rs 5.25 crore. The plant is a joint venture with ALT group of Germany, the largest multinational garment washing company in the world.
Ashima group has a 35 per cent equity in the project and the rest will be held by ALT group. The plant at Ahmedabad will be operational by September this year, added Ashima group chairman C Parikh. The plant will offer garment finishing including washing, deying, sandblasting, coating and wrinkle free facilities. Apart from this, other specialty treatments like hand scrapping will also be provided at the plant.

Mr Parikh added that the plant will be operated by ALT group as Ashima does not have expertise in running the state-of-the-art plant.

The plant will have a capacity to wash 4,000 to 6,000 units per day. The company is planning to double the capacity in the next one year. Mr Parikh said the company is also planning to come up with another washing plant at Bangalore in the next one year. After this, the company wants to set up a third plant in the north but has not finalised the location as yet. Ashima group is the first denim manufacturer in India. It also manufactures stretch denim with less than 5 per cent residual shrinkage. Ashima markets it fabrics to over 150 Indian garment exporters and exports to more than 45 countries. They are also the only group in India to have the Supima label for its fabrics. Ashima specialises in woven and knit shirting fabrics with special finishes, denims with special finishes and world class fabric for pants with special finishes.