December 14, 2024
Sustainability

KKP Fine Linen Partners With Good Fashion Fund For Sustainable Growth

KKP Fine Linen Private Limited (KKPFL), a leading home textiles manufacturer based in Namakkal, Tamil Nadu, has secured a US$ 2 million investment from the Good Fashion Fund (GFF) to establish a innovative wet processing unit. This partnership aims to enhance manufacturing efficiency, bolster sustainability, and unlock new revenue opportunities in the growing home textiles market.

KKPFL’s new processing unit, integrated with an Effluent Treatment Plant (ETP), is set to deliver significant environmental benefits by reducing chemical consumption, freshwater usage, and material waste. The facility aligns with local pollution control norms and global sustainability standards.

KKPFL also capitalizes on 100% renewable energy sourcing, including 40 MW generated in-house from solar and wind power, reinforcing its commitment to sustainability.

Sathesh Kumar Nallathambi, Managing Director of KKP Fine Linen, expressed enthusiasm about the partnership, “We are beyond thrilled to partner with the Good Fashion Fund. This investment empowers us to meet the rising demand for sustainable practices in the textile industry. It represents a pivotal moment in our journey toward a more sustainable future, ensuring long-term impact and growth within our company.”

Bob Assenberg, Fund Director of the Good Fashion Fund, remarked, “We are excited to venture into India’s home textiles sector through this investment in KKPFL. This partnership demonstrates the potential of sustainable manufacturing and underscores KKPFL’s proactive integration of sustainability into its operations.”

The Good Fashion Fund, initiated by Fashion for Good and supported by Laudes Foundation, The Mills Fabrica, and FOUNT, provides long-term financing to manufacturers in Asia. With a current fund size of US$ 19 million, GFF supports investments in impact-driven equipment that foster economic growth and sustainable practices.

KKPFL’s Sustainability Commitment
KKPFL’s focus on sustainability spans five key areas:

Energy Management: Over 40 MW of renewable energy generated in-house, addressing SDG 13 (Climate Action).

Green Sourcing: Transitioning to biodegradable materials such as organic cotton and preferred man-made cellulosics (pMMCs).

Eco-Friendly Packaging: Utilizing self-fabrics and recycled carton boxes, with smart logistics technologies.

Resource Optimization: Investing in advanced technologies to minimize waste and reduce chemical, water, and energy use.

Health & Safety: Comprehensive employee welfare programs, safety training, and social security benefits.

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