To have operational efficiency and better controls, 39 DTY machines are being envisaged towards balancing equipment for value-addition in a new subsidiary, Indorama Ventures Yarns Private Limited Indo Rama Synthetics (India) Ltd. (Indo Rama) has approved an expansion plan of Rs 600 crore towards the addition of balancing equipment for value-addition and diversifying into 700 […]
EXPANSION
Kitex Garments entering a crucial phase of growth
Rs. 2406 cr. expansion plan well on track As the Greek philosopher Epictetus says “The trials you encounter will introduce you to your strengths. Remain steadfast…and one day you will build something that endures.” “The saga of Kitex is undeniably an expression of this quote, as the company has gradually evolved to today’s state-of-the-art 5500 […]
SUTLEJ to invest Rs. 914 crores in Jammu & Kashmir
89, 184 spindles capacity addition for Cotton Melange Yarn & PC Grey Yarn with Dye House Sutlej Textiles and Industries has announced setting up of a green field project for 89,184 spindles comprising of Cotton Mélange Yarn and PC Grey Yarn along with Dye House in Jammu & Kashmir at an estimated project cost of […]
BSL to invest Rs. 150 crores in spinning and weaving capacity expansion
Bhilwara based leading textile company BSL LTD. has signed an MoU with the Department of Industries and Commerce, Government of Rajasthan. Under this MoU, the Company will invest over Rs. 150.00 crores to expand its manufacturing facilities in Bhilwara. This MoU would be implemented within 2 years and would generate employment for 800 people through […]
Sangam India signs MoU with Government of Rajasthan to invest INR 1,521 crores in next 2 years
MoU is aimed to launch multiple manufacturing projects across a 100 acre land in Bhilwara New projects would create employment to over 10,000 people across the state Sangam India Ltd. (SIL), one of India’s foremost producers of PV dyed yarn and seamless apparel, has announced that it has signed a Memorandum of Understanding (MoU) with […]
Lux Industries clocks highest ever annual performance
Lux Industries Limited, one of India’s largest hosiery producer and exporter announced a greenfield expansion with a capex of Rs. 110 crores. Mr. Ashok Kumar Todi, Chairman said “We have already identified a land parcel with a construction area of around 4,60,000 sq. ft. Of this area, around 20% to 30% will be used for […]