Home / Knowledge / News / Textiles / Expansion, modernization & diversification plan of Banswara Syntex
Expansion, modernization & diversification plan of Banswara Syntex
09
Dec '09
Banswara Syntex announced that it has taken up plan for expansion, modernization and diversification.

The total investment for these projects including margin money for working capital is Rs 6000 lacs. The Segment wise investments is as under:-
1) Spinning - 1868 (Rs. In lacs)
2) Yarn & Fiber Dyeing Plant - 629 (Rs. In lacs)
3) Fabric Weaving Plant - 819 (Rs. In lacs)
4) Jacquard Fabric for technical textile - 922 (Rs. In lacs)
5) Fabric Processing Plant - 807 (Rs. In lacs)
6) Readymade Garment unit for technical textiles - 955 (Rs. In lacs)
Total = 6000 (Rs. In lacs)

The company proposed the term loan of Rs 4800 lacs and balance 1200 lacs to be invested out of internal accruals. The term loan of RS.2000 lacs has already been sanctioned from its bankers. The balance amount of loan is under consideration with bankers.

While proposing this capital expenditure besides increasing and modernizing the existing production capacities in various segments, company has also diversified its fabric business to wards the jacquard and technical textile like laminated fabric, fire retardant fabrics, water repellant fabrics etc.

Banswara Syntex Limited in the manufacturer of Yarn & Fabric.

Banswara Syntex Limited


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Eric Scholler
Groz-Beckert

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Karan Arora
Karan Arora

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

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search