Project Work Commenced Textiles / Yarn Private Sector

Rs.1200 Million Fabric Processing Project in Erode, Tamil Nadu

Investment
From 1000 Million to 4999 Million
Stage
Project Work Commenced
Location
Erode, Tamil Nadu
Last updated
08 Nov 2023

Project summary

A textile company's expansion program at its fabric processing plant in Tamil Nadu. The project involves integrating advanced cold processing technology, doubling processing capacity from 25 to 50 metric tons per day. Funded through internal accruals and debt, it's set to complete in nine months. As of November 2023, an additional Rs. 500 million investment aims to modernize the existing processing facility, reinforcing the company's industry position.

Project details

SegmentTextiles / Yarn
IndustryTextiles
Products & capacityFabric Processing ( 25 TPD to 50 TPD)
DistrictErode
StateTamil Nadu
InvestmentFrom 1000 Million to 4999 Million
Project typeExpansion
OwnershipPrivate Sector
StageProject Work Commenced
Last updated08 Nov 2023
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