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The Company was incorporated as a private limited company in 1980. It was converted into a public limited company on 25th September. The company has a well equipped manufacturing facility at Ludhiana in Punjab. The company undertook to set up another factory at NOIDA, about 20 kms. from Delhi to meet the increasing demand for its products. Commercial production commenced on 1st November, 1986. - Effective from 10th April 1987 the name of the Company was changed to Addi Industries Ltd. from Addi Krafts Ltd. `Addi Farms Ltd.` is a wholly owned subsidiary of the company. The company is a manufacturer and exporter of cotton and vellour knitwears and elastics, tapes. The Company embarked upon an expansion cum diversification programme for increase in installed capacity of its worsted yarn plant setting up of a woollen and knitting plant at NOIDA near New Delhi. The company undertook a cotton spinning project to install 25,536 spindles. The `tow to top` converter plant was installed with a view to improve productivity as well as quality of yarn. Also, machineries imported for woollen/cotton knitting unit was installed and commercial production therein commenced. In addition, a dyeing plant with a capacity of 3,500/4,000 kgs. per day was installed for knitted fabric at Sikandrabad.
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