With starting of production in new capacities by the fourth quarter of FY17, he expects to a revenue growth in FY18, said Dinesh Nolkha, MD, Nitin Spinners.
Speaking to CNBC-TV18 Dinesh Nolkha Managing Director of Nitin Spinners says the total revenue generated is from its cotton yarn and the knitted products 70 percent of which are exported. Seeing a value addition in domestic market the company is looking to increase its presence to 45 percent from the current 30 percent.