Sky Industries signs Rs. 49 crore MoU with Gujarat for new manufacturing unit

Manufacturing May 04,2026

Sky Industries Limited has signed a Rs. 49 crore MoU with the Gujarat government to set up a new manufacturing unit.

The facility will focus on technical textiles and value-added products, segments witnessing strong growth due to industrial and export demand.

Gujarat remains a preferred destination for textile investments due to its integrated supply chain and policy incentives.

The project is expected to generate employment and strengthen the state’s position in advanced textile manufacturing.

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