Mahalaxmi Rubtech is a part of the Rs1.5 billion Mahalaxmi Group of Industries, manufactures & export of Textiles, Dyes, Pigments, Auxiliaries and Synthetic Rubber/PU-Coated Fabrics.
The company has completed its first phase of Rs100 million in the previous year and planning for second phase of the expansionby investing Rs250 million, which is expected to be completed by July 2007.
Domestic sale of the Mahalaxmi Rubtech is Rs40 million and expects to touch turnover of Rs120 million by the end of the present fiscal year 2006-07. After the expansion programme it expects to achieve a turnover of Rs600 million plus in the financial year 2008-09.
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