Chola Groups
Chola Group of Companies is a privately held Indian textile manufacturer founded in 1987 in Tirupur, operating four spinning mills with 137,500 spindles producing 100% cotton combed yarn (counts 32s–60s) for B2B weaving and knitting customers in India and abroad, supported by 54.60 MW of captive renewable energy.
- Company typePrivate
- Founded1987
- HeadquartersTirupur, India
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Chola Groups does
Chola Group of Companies is a privately held, family-owned textile manufacturing conglomerate headquartered in Tirupur, Tamil Nadu — India's knitwear capital — operating four wholly-owned spinning mills and a captive renewable energy division. Founded in 1987 by A.P. Ammasaikutti (Appukutti) with an initial 5,000 spindles, the group has scaled to 137,500 spindles producing approximately 57,500 kg of yarn per day, with day-to-day operations now led by Joint Managing Director A. Vignesh Shankar. The group's core product is 100% cotton combed yarn in counts from 32s to 60s — including Ne 40/1 and Ne 50/1 waxed and unwaxed knitting cotton yarn SKUs — supplied exclusively to B2B customers in the weaving and knitting (hosiery) segments, both in India and internationally. Production lines are built on tier-1 OEM equipment (Trützschler, Rieter, LMW, Lakshmi Rieter, Schlafhorst, Murata) with USTER-based statistical quality control across spinning and winding stages.
The business model is straightforward B2B contract manufacturing: yarn is sold via direct sales to weaving and knitting companies through a website enquiry funnel and an established supply chain network, with quote-based pricing that is not publicly disclosed. The company operates four group mills — Chola Textiles (30,752 spindles), Pandian Textile Mills (36,288 spindles), Excel Cots Spin India (15,120 spindles), and Pallava Spinning Mills (55,200 spindles) — plus a renewable energy unit generating 54.60 MW through wind and solar, which fulfills 75% of the group's industrial electrical consumption and provides a structural cost advantage versus grid-dependent peers. Vertical integration is limited to upstream yarn spinning (no knitting, weaving, or garmenting in-house), and the customer base is unnamed in available sources. No external institutional investment, M&A activity, or public listing is evidenced.
Chola Groups firmographics
Firmographics- Name
- Chola Groups
- Legal name
- Chola Group of Companies
- Website
- https://cholagroups.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Chola Group of Companies is a privately held Indian textile manufacturer founded in 1987 in Tirupur, operating four spinning mills with 137,500 spindles producing 100% cotton combed yarn (counts 32s–60s) for B2B weaving and knitting customers in India and abroad, supported by 54.60 MW of captive renewable energy.
- Ownership category
- akta.pro rank
Chola Groups industry classification
Industry- Product category
- Textile Yarn Manufacturing
- NAICS
- Fiber, Yarn, and Thread Mills (313110), Fiber, Yarn, and Thread Mills (31311)
- SIC
- Textile Mill Products (2200)
- akta.pro primary industry
- Spun Yarn Manufacturing (Ring/Open-End/Compact) (IMAOAAAD)
- akta.pro secondary industry
- Threads, Yarns & Sewing Notions (Sewing Thread/Embroidery Thread/Bobbins/Needles) (IMAOALAE)
Keywords
Where Chola Groups is headquartered
LocationHeadquarters
- HQ city
- Tirupur
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Chola Groups business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel
Distribution channels1 record
Marketing channels1 record
Chola Groups product offering
Product offeringCore offering
Chola Groups manufactures 100% cotton combed yarn for knitting and weaving processes, operating four spinning mills in Tamilnadu with a combined capacity of 137,500 spindles producing approximately 57,500 kg/day of yarn. The group focuses exclusively on combed varieties of hosiery yarn in counts from 32s to 60s, including waxed and unwaxed knitting yarn.
Product overview
Chola Groups is a textile manufacturing conglomerate headquartered in Tirupur, India, specializing in 100% combed cotton yarn production for knitting and weaving processes. The group operates four spinning mill companies—Chola Textiles, Pandian Textile Mills, Excel Cots Spin India, and Pallava Spinning Mills—with a combined capacity of 137,500 spindles producing approximately 57,500 kg of yarn per day. Their product portfolio includes Ne 40/1 and Ne 50/1 combed knitting cotton yarns in both waxed and unwaxed varieties, with counts ranging from 32s to 60s. The group also maintains a renewable energy division generating 54.60 MW through wind and solar power.
Differentiator
Problem solved
Functional benefit
Products and services
- Ne 40/1 Combed Waxed/Unwaxed Knitting Cotton Yarn 100% cotton combed knitting yarn at Ne 40/1 count, available in waxed or unwaxed finish, supplied to knitting and hosiery manufacturers.
- Ne 50/1 Combed Waxed/Unwaxed Knitting Cotton Yarn 100% cotton combed knitting yarn at Ne 50/1 count, available in waxed or unwaxed finish, supplied to knitting and hosiery manufacturers.
- 100% Cotton Combed Yarn (Counts 32s to 60s) 100% cotton combed yarn product range in counts from 32s to 60s, supplied to weaving and knitting companies in India and globally.
Quantifiable outcome
- 57,500 kg/day total yarn production capacity
- +1 more outcomes
Companies that use Chola Groups
Customer profileSegments2 records
Ideal customer profiles1 record
Chola Groups technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Chola Groups partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- TrützschlercoreEquipment supplier providing Blowroom Blendomat BDT 019 and Carding machines DK 780/DK 800 for manufacturing operations
- RietercoreEquipment supplier providing Unilap E32, Comber E65, Drawframe D40, and Ring frame LR 6 for spinning operations
- LMW (Lakshmi Machine Works)coreEquipment supplier providing Speed Frame LF 1400 A for manufacturing operations
- Lakshmi RietercoreEquipment supplier providing Ring frame machines for spinning operations
- SchlafhorstcoreEquipment supplier providing Autoconer AC5 machines for winding operations
- MuratacoreEquipment supplier providing Autoconer 338 and 21c machines for winding operations
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Chola Groups competitors and assessment
Company assessmentBroad incumbents
- Vardhman Textiles: Large Indian textile conglomerate manufacturing cotton yarn, fabric, and acrylic fiber. Comparable to Chola as a major Indian cotton combed yarn producer with broader downstream integration, sitting as a benchmark incumbent in the same category.
- Trident Group: Indian textile major spanning yarn, terry towels, bed linen, and paper. Comparable as a large-scale Indian cotton yarn spinner with diversified downstream exposure serving similar weaving/knitting customers.
- RSWM Limited (LNJ Bhilwara Group): Large Indian manufacturer of cotton, blended, and synthetic yarn with global reach. Comparable to Chola as a major Indian yarn producer competing in combed cotton counts for similar B2B customers.
Direct peers
- Nahar Industrial Enterprises: Indian cotton yarn and fabric producer with comparable spindle scale and product overlap in combed cotton yarn for knitting. Direct competitor targeting similar hosiery and weaving customers in India and abroad.
- Sangam (India) Ltd: Indian textile company producing cotton yarn, knitted fabric, and readymade garments. Comparable to Chola through cotton yarn output serving knitting customers, with forward integration into fabric and apparel.
- Loyal Textile Mills: Indian manufacturer of combed cotton yarn, greige, and processed fabrics. Closely comparable to Chola in product focus on combed cotton hosiery yarn for knitting/weaving, with similar vertical structure across spinning and weaving.
- Sutlej Textiles and Industries: Indian cotton and blended yarn manufacturer with similar focus on value-added spun yarn for weaving/knitting. Comparable in product range, yarn count coverage, and B2B customer base.
- Banswara Syntex: Indian manufacturer of cotton and blended yarn, fabrics, and ready-made garments. Comparable to Chola through combed cotton yarn production for knitting and weaving customers, with similar mid-tier scale and vertical mix.
- KPR Mill Ltd: Tirupur-based integrated textile company with yarn, knit fabric, and apparel manufacturing. Most geographically relevant peer to Chola, sharing the Tirupur cluster, cotton yarn focus, and export-oriented customer base.
Regional players
- Parkdale Mills: One of the largest cotton yarn spinners globally, headquartered in the United States. Comparable to Chola in core product (combed cotton yarn) and end-use (knitting and weaving supply), though serving primarily Western Hemisphere apparel supply chains.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Chola Groups social profiles
Digital presenceChola Groups financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chola Groups leadership team
Management profileNumber of profiles
Profiles2 records
Chola Groups subsidiaries and ownership
Company hierarchySubsidiaries5 records
Chola Groups funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chola Groups M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Chola Groups
What does Chola Groups do?
Chola Groups manufactures 100% cotton combed yarn for knitting and weaving processes, operating four spinning mills in Tamilnadu with a combined capacity of 137,500 spindles producing approximately 57,500 kg/day of yarn. The group focuses exclusively on combed varieties of hosiery yarn in counts from 32s to 60s, including waxed and unwaxed knitting yarn.
Is Chola Groups a public or private company?
Chola Groups is a private company. It is classified as family owned and is currently operating.
When was Chola Groups founded?
Chola Groups was founded in 1987. It employs 51 to 100 people.
Where is Chola Groups based?
Chola Groups is headquartered in Tirupur, India, in the Asia region.
Who are Chola Groups's main competitors?
Broad incumbents on record are Vardhman Textiles, Trident Group and RSWM Limited (LNJ Bhilwara Group). Direct peers are Nahar Industrial Enterprises, Sangam (India) Ltd, Loyal Textile Mills, Sutlej Textiles and Industries, Banswara Syntex and KPR Mill Ltd. Parkdale Mills is listed as a regional player.
Does Chola Groups have an API?
No public API is recorded for Chola Groups.
What industry is Chola Groups in?
Chola Groups's product category is Textile Yarn Manufacturing. Its primary akta.pro industry code is IMAOAAAD, Spun Yarn Manufacturing (Ring/Open-End/Compact), with a secondary code of IMAOALAE, Threads, Yarns & Sewing Notions (Sewing Thread/Embroidery Thread/Bobbins/Needles). Its NAICS code is 313110 and its SIC code is 2200.