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Gangotri Textiles plans Rs 35 cr expansion
Gangotri Textiles, a Coimbatore based yarn and garments manufacturer
is planning a Rs 351 crore expansion cum integration programme. The project
will set up weaving and processing facilities. It will also augment power
generation capacities. The project will be implemented in two phases.
The first phase will see investment of 130.64 crore in the weaving and
processing facilities, Rs 78.58 crore in spinning facilities, Rs 29.53
crore to set up windmills and Rs 7.83 rore to set up garment manufacturing
facilities. The second phase of use investments of Rs 104 crore.
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DCM Textiles to invest Rs 70 cr on capacity expansion
DCM Textiles will invest Rs 70 crore in the next two years for increasing
its production capacity. In the first phase of expansion, which is already
on, 14,000 spindles per annum will be added to the current production
capacity of 45,000 spindles. In the next phase there will be another addition
of more than 14,000 spindles. The aim is to have a total capacity of 70,000
spindles at the plant in Hisar by the next two years.
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