ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

GARDEN SILK-Amalgamation With Vareli Textile

GARDEN SILK Amalgamation With Vareli Textile GARDEN SILK MILLS is to diversify into manfaeture of polyester filament yarn (PFY) and textile meehinery. The company has signed a memorandum of understanding with Toray Industries of Japan for setting up a 15,000 tonnes per annum capacity PFY plant. The first phase is estimated to cost approximately Rs 110 crore, for which the company proposes to avail of loan assistance from the financial institutions. The proposed PFY project will primarily focus on the manufacture of speciality yarn of the kind which is presently imported.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top