- Business
- Nahar Industrial Enterprises Limited (NIEL), incorporated on September 27, 1983 and headquartered in Ludhiana, Punjab, India, operates as a vertically integrated textile manufacturer within the Nahar Group of Companies; it produces a diverse range of textile products including yarns, woven fabrics, processed and unprocessed fabrics, yarn-dyed fabrics, denim, knitwear, ready-made garments, and knitted garments; additionally, the company manufactures sugar with a capacity of 2500 TCD per day and engages in other operations such as logistics. Its manufacturing facilities are primarily located in Punjab (including Ludhiana, Lalru, and Amloh) and Rajasthan (Bhiwadi), serving domestic and global markets in the textile and sugar sectors with a focus on cotton-based products for apparel and industrial applications. In recent developments, NIEL incorporated a wholly owned subsidiary as announced in 2025, decided to close its operationally non-viable spinning unit at Bhiwadi due to high maintenance costs and unfavorable market dynamics in late 2025, underwent a review of its credit ratings, and appointed new secretarial auditors while releasing audited financial results for the year ended March 31, 2025 showing consolidated revenues and operational adjustments.