Home / Knowledge / News / Textiles / Nakoda Textile to commission Textile Park in September
Nakoda Textile to commission Textile Park in September
Jul '09
Nakoda Textile Industries Ltd (NTIL) has informed that NTIL sponsored Textile Park under the name and style of Surat Super Yarn Park Ltd. (SSYPL) is expected to be commissioned in September 2009. The park is being set up under the Scheme for Integrated Textile Park (SITP) by Ministry of Textiles, Govt. of India.

The Park which is coming up at village Hathuran in Dist. Surat, Gujarat is 1st of its kind in India for processing of POY to Texturised Yarn. It would provide the complete infrastructure to 27 enterprises who would be putting up 108 texturising machines capable of producing 140,000 MTPA of Texturising Yarn.The Rs.107 Crore project is being implemented by Infastructure Leasing & Financial Services (ILF&S) as project Management Consultants.

NTIL the core sponsor has contributed 18.5% to the equity of Rs. 16 Crore of the Company. SSYPL is raising the balance Rs. 91 Crore through Govt. grant of Rs.40 Crore and term loans aggregating Rs. 51 Crore, NTIL shall be installing its own 20 Nos state of the art texturising machines in the park if its forward integration plan for producing 28,800 MTPA of Texturising Yarn. NTIL shall be engaging good number of texturising units in the Park for doing job work fir it.

NTIL is expected to become India's first integrated yarn company after completion of its own Rs.333 Crore backward integration, expansion and diversification scheme as it would be producing value added products only i.e. Fully Drawn Yarn(FDY) and Texturising Yarn. NTIL, already one of the largest FDY manufacturer in India shall be producing 60,000 MTPA (existing 19500 MTPA) of the same on completion of the scheme. Like Texturising Yarn, FDY is also a high value added product which goes directly to weavers.

Nakoda Textile Industries Ltd (NTIL)

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Robert Brunner

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search