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1,440 rotors havg an stalled capacity of 5,411 TPA per annum. Total expected project cost is Rs.47.74 crore that will be fanced by term loan of Rs.30 crore and balance by the promoters’ funds. Total cost of the proposed project curred till the date of August 20, 2016, was Rs.6.38 crore fanced entirely by promoters’ contribution.

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Gujarat based Stex Industries Ltd is settg up a big spng unit which will house 320,000 spdles at a location Pipavav – Gujarat. “Stex which till now used to produce high-end structured dyed yarn shirtgs at its plant Kalol will vest Rs 1800 crores the new spng project expected to beg full commercial operations fiscal 2016-17”, a senior spokesperson at Stex told fibre2fashion.

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