Home / Knowledge / News / Textiles / GSFC commissions new yarn unit near Surat
GSFC commissions new yarn unit near Surat
05
Sep '15
The Gujarat State Fertilizers and Chemicals Ltd (GSFC) has commissioned the Fully Drawn Yarn (FDY) Unit at Fibre Unit, Kosamba near Surat.

In a statement, GSFC said the new FDY plant has an annual production capacity of 2,625 tonnes which would increase the company's turnover by Rs 70 crore.

"Under the present competitive market of Nylon Filament Yarn, GSFC will achieve new milestones with the production of newly installed FDY plant. Dr. S K Nanda, CMD of the company inaugurated the new unit.

In order to make fibre unit more profit making division, Nanda has consented for a new polyester partially oriented yarn or POY line with advance technology for the production of 'Gujnyl' so that production capacity and turnover of the same can be increased, the statement said.

The company has also decided to install High Speed Spinning Chips plant of 30,000 MTPA capacity at Kosamba. On execution of all these three schemes, the turnover of Fibre Unit will touch a high of Rs 1,000 crore, according to the statement. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search