Home / Knowledge / News / Textiles / Mohit Industries Board approves expansion project
Mohit Industries Board approves expansion project
Feb '11
Mohit Industries Ltd has informed that the Board of Directors of the Company at its meeting held on February 10, 2011, inter alia, has considered and approved an expansion project of:

1. 100 Automatic Shuttle-less Looms in the Textile Sector worth Rs. 16 Crores.

2. 5 New Texturising Machines including 1 Double Density Textile Machine increasing the capacity by 30% at an investment of Rs. 11 Crores.

3. One Gas Gen Set of 1.2 KW at an investment of Rs. 3 Crores.

4. Setting up another AAC Block Plant near the current location (Palghar) with a manufacturing capacity of 2,00,000 m3 at an investment of Rs. 40 Crores.

The Total Cost Outlay envisaged for the above expansion project is about Rs. 70 Crores which will be financed by tie-up of Term Loan, Internal Accruals, Private Placement of Equity Shares with Banks, Financial institutions, FII's, Mutual Funds & Corporate Loans.

Mohit Industries Ltd. is fruitfully engaged in manufacturing & marketing a rich assortment of high quality yarns & grey finished products. And constantly diversifying to deliver the top-notch quality products to our valuable clients.

Mohit Industries Ltd

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marcel Alberts

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

Sonam & Paras Modi

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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