Home / Knowledge / News / Textiles / Nakoda Textile enhances production capacity in Surat
Nakoda Textile enhances production capacity in Surat
24
Dec '09
Nakoda Textile Industries, sponsored Surat Textile Park under the name Surat Super Yarn Park has now increased the production capacity to 151,000 MPTA of texturised yarn in the wake of revival of textile industry.

The Park which is Surat, Gujarat, is 1st of of its kind in India for Processing of POY to texturised yarn. Its provides the complete infrastructer (Factory Building, Captive Power Plant, Laboratory & other utilites lioke Road, Water, Secutiry, Cretches etc.)to 27 enterprises who would be putting 108 texturisimg Machines capable of producing 151,000 MPTA of texturised yarn. The Park which is nearing completion is being setup under the the scheme of Integrated Textuile Parks by Ministry of Textiles, Government of India. Nakoda Textile industries Ltd., the core sponsor, has contributed 18.5% to the total equaty of RS.16 Crore of Comopany. The Park is eligible for grant of Rs. 40 Crore from GOI(Rs. 24 Crore already Recevid). The Rs. 107 Crore project is being implemented by IF & FS as Project Managment Consultant.

Nakoda Textile is expected to become India`s first fully integrated polyester yarn company after completition of its Rs 3.33 billion backward integration, expansion and diversification project as it would be producing value added only i.e fully drawn yarn (FDY) and texturised yarn.

Nakoda Textile is already one of the largest FDY manufacturer in India shall be producing 60,000 MTPA of the same on completition of the project.

Nakoda Textile Industries Ltd

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Larry L Kinn
Suominen Corporation

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

Marcel Alberts
Eurofibers

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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



X