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Alok to invest Rs 20 bn in polyester capacity expansion
25 Apr '11
1 min read
Mumbai-based textile major; Alok Industries Ltd. will invest Rs 20 billion in capacity expansion in the next four years. A majority of this investment will be directed towards expanding polyester capacity.
Alok has invested Rs 70 billion in the last six years in order to cater to the growing demand in the domestic and international markets.
In the capacity expansion underway currently, polyester output would nearly double and jump from 750 tons per day to 1,400 tons per day.
Around Rs 4.5 billion would be invested per year for the next six years.
Alok has invested Rs 70 billion in the last six years in order to cater to the growing demand in the domestic and international markets.
In the capacity expansion underway currently, polyester output would nearly double and jump from 750 tons per day to 1,400 tons per day.
Around Rs 4.5 billion would be invested per year for the next six years.
Fibre2fashion News Desk - India
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