- CEO
- Nirmal Girdharlal Pujara
- Full Time Employees
- 2,081
- Sector
- Process industries
- Industry
- Textiles
- Address
- 25, Princep Street Kolkata WB India 700 072
- IPO Date
- Feb 14, 2007
- Business
- AI Champdany Industries Limited (AICHAMP.BO) manufactures and trades jute and flax products, operating through two primary segments: Jute/Jute Diversified Products & Services and Flax Products. The company produces jute yarn and twine; jute blended yarns and twines; hessian cloth and burlap; sacking cloth and hessian; food-grade cloth and bags; jute geotextiles for soil erosion control; carpet backing cloths; industrial fabrics; jute furnishing items including cushion covers, placemats, wearing apparel, and furnishing fabrics; jute matting; and jute webbing, as well as flax, ramie, viscose, and wool fabric products. It serves domestic and international markets, exporting to countries such as Argentina, Canada, Hungary, Italy, Australia, Czech Republic, Indonesia, Japan, Belgium, Denmark, Iran, Poland, Brazil, Egypt, Chile, and France, with customers in packaging for food grains, the carpet industry, furniture, and industrial applications.
Founded in 1873 and headquartered in Kolkata, West Bengal, India, the company was formerly known as The Champdany Jute Co., Ltd. and acquired by the Wadhwa Group in 1967; it maintains subsidiaries including Landale & Clark Limited, West Bengal Multifiber Jute Park Ltd, Champdany Constructions Limited, and AIC Properties Ltd.
In recent developments, AI Champdany Industries reported a fire incident at its Wellington Jute Mill on November 21, 2024, and another fire at its yarn unit in Hooghly, West Bengal, with ongoing capital expenditures and operational suspensions noted in its Q1 FY26 results showing a loss of Rs 84.14 million; the company held its 107th AGM on August 25, 2025, adopting FY2025 financials, reappointing directors, and approving auditors amid continued losses including Rs 61 million for FY2025. Efforts are underway to revive operations at the Wellington Jute Mill, previously linked to a subsidiary of Eden Realty Ventures Pvt. Ltd., while the company navigates low profitability, negative ROE, and high contingent liabilities.