Bannari Amman Sugars Limited Company Profile:Products,Promoters and Clients
Bannari Amman Sugars Limited Company Description:
Among India's top producers of sugar is Bannari Amman Sugars Limited. There are three sugar factories located in Tamilnadu and two sugar factories located in Karnataka that have cogeneration units. It has two distillery locations: one in Karnataka and one in Tamilnadu.
In Tamilnadu, there is a Granite Processing facility. Additionally, the corporation owns windmills in Tamilnadu's southern region.
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Q1.What are the Products and Service offerings of the Company?
1.Advanced Spinning Operations: Bannari Amman Group's spinning mills are at the heart of its operations, producing an impressive 90 tons of high-quality yarn daily. The company's expertise in spinning technologies allows it to offer a diverse range of yarn products, including combed ring-spun yarn and cotton open-end yarn, meeting the varied needs of its customers.
2.Weaving and Knitting Expertise: In addition to spinning, Bannari Amman excels in weaving and knitting. Its extensive looms produce 7.5 lakh meters of fabric monthly, complemented by knitting machines that create 30 tons of grey knitted fabric daily. This capability enables the company to provide a wide range of fabric solutions to its clientele.
3.Dyeing and Finishing Capabilities: Bannari Amman's integrated processing unit enhances its textile offerings with the capacity to dye and finish 14 tons of fabric daily. This integrated approach ensures consistent quality and efficient supply chain management, positioning the company as a preferred partner for its customers.
4.Garment Production: Expanding into downstream operations, Bannari Amman operates a modern garment manufacturing facility capable of producing 6 million pieces annually. This facility enables the company to offer a comprehensive range of ready-to-wear apparel, meeting the dynamic demands of the fashion industry.
5.Renewable Energy Initiatives: In line with its commitment to sustainability, Bannari Amman has invested in renewable energy sources, including windmills generating 30 MW of green energy annually. This eco-friendly approach underscores the company's dedication to responsible business practices and environmental stewardship.
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Q2.Who are the Promoters of the Company?
S V Arumugam
S V Arumugam serves as the Chairman and Managing Director of Bannari Amman Spinning Mills Ltd. He is a key member of the company's promoter group and holds a significant stake in the business.
S Palaniswami
S Palaniswami is listed as a Director on the board of Bannari Amman Spinning Mills Ltd. He is also part of the company's promoter group.
Q3.Who are the Clients of the Company?
- Textile manufacturers and brands seeking integrated textile solutions from fiber to finished products.
- Retailers and fashion labels looking for high-quality yarn, fabrics, and ready-to-wear garments.
- Buyers seeking a one-stop-shop for their textile requirements, leveraging Bannari Amman's vertically integrated operations.
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