In light of the promising order outlook, Rajapalayam Mills Ltd, a member of the Ramco Group, is spending 400 crore to increase the capacity of its fabric business.
Prominent companies from across the world have been contacting the business, a leading producer of cotton yarn and textiles, for the supply of processing fabric. Its Jacquard looms manufacture exceptional value-added cloth that is favourably welcomed in foreign markets.
“Since the demand for our quality fabric is very much encouraging, the company is expanding its fabric division by adding 166 looms and to establish a new unit with a capacity to process 50,000 metres of fabric per day at Rajapalayam. Also, it will install 110 KVA/11 KVA own substation inside its Rajapalayam premises to strengthen its electricity infrastructure,” the company said in its annual report for FY22.
