Commercial Syn Bags Limited has announced that Techtex, the company’s new manufacturing facility, has begun commercial production as of March 11th, 2023.
Techtex is located at Plot Nos. A-12 & A-13, Indore Special Economic Zone, Pithampur Phase 2, Dhar, Madhya Pradesh.
The project is for the production of ground covers, nets, and other technical textile goods, as well as geotextiles.
The corporation has already put forth Rs. 31.50 crore for the acquisition of buildings and equipment as well as for repairing and renovating them. There are still some capital investments to be made.
Bank financing and own source were the sources of funding.
