Vardhman Textiles Ltd. is planning to increase its production capacity by 2020. In FY 2017-18 the company spent about Rs. 300 crores as capex, out of which Rs. 105 crores was towards yarn while the rest was for fabric. Mr. S.P. Oswal, Chairman, Vardhman Group The company now proposes to invest about Rs. 1,400 crores in the next two years as capex, to be segregated equally between yarn and fabric. The investment would be strategically used to add approximately one lakh spindles. It is also expanding its total fabric capacity from the current 140 million metres per year to 180 million metres by FY19-20. Although the additional production lines are estimated to be ready by February / March 2019, it would take time to utilise them optimally, and the full year impact of the same would be seen only by 2020. Vardhman continued to modernise facilities with the objective to enhancing moderating costs and operating efficiencies, and achieving qualitative consistency.