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Mohit industries' yarn capacity to increase 50%
10
May '16
Courtesy: Mohit Industries
Courtesy: Mohit Industries
Mohit Industries Limited, a leading Indian manufacturer of fabrics and texturised yarn, is currently implementing an expansion project at its existing unit at Kim, near Surat.
 
“The company has received sanction for term loan of Rs 18 crore for expansion project of Rs 24 crore,” Mohit Industries informed BSE.
 
Construction work for first phase will be completed by end of this month and installation of machinery is expected by next month, the filing said.
 
With this expansion, polyester draw texturised yarn capacity of the company shall increase by approximately 50 per cent, i.e. from 21,000 mt to 30,000 mt.
 
Established in 1991 as a family business, Mohit Industries today has annual production capacity of 18,000 mt of texturised yarn and 9 million metres of art silk cloth. (RKS)
 

Fibre2Fashion News Desk – India

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