Home / Knowledge / News / Textiles / Eight industrial projects to be inaugurated shortly
Eight industrial projects to be inaugurated shortly
12
Feb '11
Dr. T.M. Thomas Isaac, Finance Minister of Kerala revealed that eight new industrial projects worth Rs 1250 million will be shortly inaugurated and another five projects will be commissioned within a period of one year.

The Minister, while presenting the Budget for 2011-12 in the State Legislative Assembly said that these eight projects will be installed before the budget session gets over.

He further added that around six of the total nine projects worth Rs 2600 million, which were meant for expansion of the public sector enterprises, will be completed in 2011 only.

This includes the restoration of Malabar Spinning and Weaving Mill into a modern facility with 25,000 spindles and a weaving centre for Rs 150 million; upgradation of Sitaram Textiles for Rs 200 million.

The establishment of a new spinning and weaving facility for Rs 360 million and a hosiery manufacturing unit for Rs 300 million at Kerala Spinners, Alappuzha are also included under the proposed ventures.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

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

Robert Brunner
Devereux

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

Prathyusha Garimella
Prathyusha Garimella

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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:
June 2017

June 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