New Blended (P/V, P/C) Yarn & Cotton Yarn Mfg. Expansion Project in Wardha, Maharashtra
- Investment
- From 1000 Million to 4999 Million
- Stage
- Under Implementation
- Location
- Wardha, Maharashtra
- Last updated
- 12 Oct 2023
Project summary
A prominent textile company, has announced plans for a cotton spinning project in Wardha, Maharashtra, involving 3056 Vortex mills. While the company filed an industrial memorandum in March 2022, as of May 2022, the project is still in the planning stage, with no specific timeline or progress details available.
This venture holds the potential to boost the local economy and create jobs, signaling the company's ambition to cater to the growing cotton product demand. However, success hinges on factors like market demand and resource availability, making it essential to monitor the project's development. As of October 2023, it also includes the expansion of blended and cotton yarn, gray fabric, combed yarn, and processed fabric, with an investment of Rs. 3000 million, having received consent from state pollution control authorities.
Project details
| Segment | Textiles / Yarn |
|---|---|
| Industry | Textiles |
| Products & capacity | Blended (P/V, P/C) Yarn & Cotton Yarn (475 MT/M), Grey Fabric (593 MT/M) |
| District | Wardha |
| State | Maharashtra |
| Investment | From 1000 Million to 4999 Million |
| Project type | Expansion |
| Ownership | Private Sector |
| Stage | Under Implementation |
| Last updated | 12 Oct 2023 |
| Promoter / company | 🔒 Subscribers only Unlock |
| Site location & address | 🔒 Subscribers only Unlock |
| Promoter contact | 🔒 Subscribers only Unlock |
| Decision makers | 🔒 Subscribers only Unlock |
| Milestone history | 🔒 Subscribers only Unlock |
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