Nivedan Churiwal
Managing Director
BSL LTD
BSL Ltd needs no introduction in the domain of textile manufacturing. Having excelled for more than a quarter of a century in the industry; it is currently credited with producing over 18 mn meters of fabric annually. BSL today is a market leader and a household name, boasting of an annual turnover to the tune of INR 450 cr. The inception of BSL was in 1971 at the small town of Bhilwara in Rajasthan, where it is currently headquartered. In those days, the manufacturing of poly-viscose suiting was still a unique concept in India. The journey so far has been nothing less than prolific. Riding on exemplary leadership skills, futuristic vision and the belief of the top brass that there are no shortcuts to excellence, the company has been growing from strength to strength expanding its global and national footprints across all sectors.
Can you tell us about your current set-up and capacities in spinning and weaving?
We are a vertically integrated unit with set up in weaving, spinning & processing. We have around 170 looms which are divided between the units of suiting& furnishing. Our Weaving capacity is around 12 lakhs meters and we outsource another 4 to 5 lakhs meters.Presently in spinning, we have 3 spinning units: • Vortex Yarn • PV Yarn • PW Yarn
In Vortex we produce around 120 tonnes of yarns per month, in worsted it is 50 to 60 tonnes of yarns per month & in PV it is around 350 tonnes per month. The total fabric marketing per month including suiting’s, furnishings domestic & export in the range of about 17 to 18 lakhs meters.
What are your future plans?
Our next big project that is coming up is the Cotton Spinning project where we are setting up 30 thousand spindles where we will be producing around 700tonnes of Cotton Yarns per month.
What are the new trends and finishes in fabrics? What are the new products you have launched recently?
Post-covid there are various new finishes in vogue, such as the antiviral finish, stain proof and so on. None of them has caught the market to be honest. We are more focused on a diverse product range in PV, PW Suiting fabrics and furnishing fabric and every month we come out with a new range to cater to the different taste & palette of our different customers in India & abroad. So in today’s time, a good product and a right product range with good pricing & aggressive marketing is the key on which we are focussing.
What is the present status of fabric mills in India? How do you look at the future of the same?
I think the Fabric mills in India are doing exceedingly well. Overall Indian Textiles is extremely buoyant & bullish and the China Plus One policy is helping the Indian fabric manufacturer and exporters and over all the perception of the fabric manufacturer has changed globally. So in the export perspective India is looking at excellent times ahead and even the domestic market there is a very good demand and this is across all products & fibres whether it is cotton fabric or synthetic fabrics. So everything put together I think Indian fabric is looking at a very good & bright future ahead and they need to put in all the resources in place as this is the right time to expand their capacities and grow further with profit oriented goals.
What are your expectations from the govt. for further strengthening of this industry?
The Central Government has come up with various schemes such as PLI. However there is various eligibility, criteria in it because of which most or many do not qualify for it and various State Governments have come up interest subsidies to boost the capex expansions. So while the governments are doing whatever best they can, here I strongly & firmly do believe that ultimately it is up to the respective entrepreneur to run his show & manage his business in right way, and not depend on the govt. subsidies for any growth and profitability. I said earlier that this is one of the best time that Indian Textile Mills have seen, whether in cotton or synthetic or spinning or weaving & I think this is the time when every unit should plan to grow & expand with good planned strategic capex& the sky is the limit
