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Nandan Denim in Fortune India’s 500 Biggest & Best Midsize companies

| | Aug 22, 2016, at 10:29 pm
#Nandan Denim #Fortune India
New Delhi, Aug 22 (IBNS): Nandan Denim Limited (NDL), a denim fabric manufacturer, has been honoured as one of the giants of tomorrow by Fortune India in its 500 Biggest & Best Midsize companies’ rankings.

Nandan Denim ranks at number 38 among the Fortune India Next 500 (2016) companies for wealth creation over 3 years (59.64% CAGR).


Besides, over 5 years, it ranks 42nd with 45.21% CAGR increase in market capitalization as of April 2016.


Every year, Fortune India comes out with the definitive ranking of India's 500 biggest and best midsize companies. The list celebrates those organisations that fuel India’s economy

Nitin Gadkari, Union Minister for Road Transport and Highways and Shipping presented the award to Deepak Chiripal, CEO, Nandan Denim Ltd at ceremony organised at Leela Palace, Chanakyapuri, New Delhi on Aug 19.

Deepak Chiripal, CEO, Nandan Denim Limited said, “It is indeed an important moment for us, as the company’s efforts have been recognized by a leading and globally reputed publication. We are now further motivated towards continuing our efforts for quality excellence and commitment.”

Nandan Denim Limited is a part of a leading conglomerate, Chiripal Group, which was established in 1972 and is currently diversified across several businesses like Textiles, Petrochemicals, Chemicals, Packaging, Infrastructure and Education.

 

Image: Nandan Denim webiste 

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