Latest Project Updates
Rs.112 Million New Yarn and Cement Rod Mfg. Project in Kathua, Jammu & Kashmir
Executive Summary: A new manufacturing facility is being established in Kathua, Jammu & Kashmir, focusing on producing 1,200 MT of nylon mono filaments yarn and 400 MT of hot melt cement rods annually. With an investment of Rs. 112.977 million, the project aims to enhance operational capacity and market reach. As of October 2024, pre-project activities are actively progressing.
Rs.6350 Million Recycled Polyester Yarn Mfg. Project in Kathua, Jammu and Kashmir
Executive Summary: A new recycled polyester yarn manufacturing project is planned in SIDCO Industrial Baghthali, Kathua, Jammu and Kashmir, with a production capacity of 75 metric tonnes per day for yarn and 210 metric tonnes per day for RPET flakes. Estimated to cost Rs. 6,350 million, the project has received consent from state pollution control authorities as of October 2024.
Rs.243 Million New Multifold Yarn Mfg. Project in Kathua, Jammu & Kashmir
Executive Summary: A new multifold yarn manufacturing project is planned in Mearth, Kathua, Jammu & Kashmir, with a production capacity of 29,203.2 metric tons per year. The estimated investment for the project is Rs. 243.2 million. As of October 2024, consent from state pollution control authorities has been obtained, signaling compliance with environmental regulations and supporting local economic development.
Textile Auxiliaries Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: An expansion project is planned in MIDC Tarapur, Palghar, Maharashtra, to enhance the manufacturing capacity for textile auxiliaries, silicone auxiliaries, and homecare solutions, with a production target of 200 metric tons per month for each. The estimated cost is ₹75.1 million, and construction is set to begin in February 2025, concluding in January 2026, pending environmental clearance.
New Yarn Mfg. Unit in Punjab
Executive Summary: A new yarn manufacturing unit is being set up in Punjab, increasing production capacity from 4.8 MT per day to 11.8 MT per day, with an investment of Rs. 45 million. The unit is expected to be operational by March 2025. To fund the expansion, the company is pursuing an SME IPO and plans to list on the NSE SME platform.
Rs.530 Million New Readymade Garments Mfg. Unit in Odisha
Executive Summary: A textile company is set to establish a new readymade garments manufacturing unit in Odisha, with an estimated cost of Rs. 530 million. The project has received consent from state pollution control authorities, signaling progress. This initiative aims to boost local production capacity and create job opportunities, contributing to the region's economic growth and supporting the textile industry's expansion.
Rs.834 Million Expansion of Textile Mfg. Project in Solan, Himachal Pradesh
Executive Summary: A prominent textile manufacturer is expanding its production capabilities with a new facility in Nalagarh, Himachal Pradesh, focusing on high-quality terry towels. The project will increase annual capacity by 4,350 metric tons, with an investment of Rs. 834.572 million. This initiative will enhance operational efficiency, create local jobs, and support the company’s sustainable growth in the textile sector.
Rs.114 New Nonwoven Fabric Mfg. Project in Howrah, West Bengal
Executive Summary: A new project at Sudhara Food Park in Howrah, West Bengal, will produce nonwoven fabric using virgin PP granules with a capacity of 358 MTPM. The Rs. 114.633 million venture has received state pollution control approval as of September 2024.
Rs.276 Million New Garment Stitching Project in Sri Sathya Sai, Andhra Pradesh
Executive Summary: A new garment stitching project in Sri Sathya Sai District, Andhra Pradesh, aims to produce 780,000 garments monthly. With an investment of Rs. 276.2 million, the project will feature advanced stitching equipment and streamlined processes. Construction is set to begin following environmental clearance, reflecting the company’s commitment to scaling operations and meeting market demands.
Rs.146 Million New Geo Textile. Floor Carpet Mfg. Project in Hooghly, West Bengal
Executive Summary: A textile company is launching a new geo textile floor carpet manufacturing project in Hooghly, West Bengal, with a capacity of 8 lakh square meters. The project, estimated at Rs. 146.247 million, has received consent from state pollution control authorities as of August 2024. It aims to meet rising market demand, enhance production capabilities, and create local employment opportunities while supporting regional economic growth.