• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Japanese corp to set up technical textile plant in Andhra

13 Aug '17
1 min read
Courtesy: Toray
Courtesy: Toray

Japanese multinational corporation Toray Industries will set up a plant to manufacture technical textiles in Sri City, a special economic zone in Chittoor district of Andhra Pradesh. The plant which is a part of Toray Industries’ expansion plan for India, will be built at an investment of Rs 1,000 crore. It has been approved by state’s CM Chandrababu Naidu.

The Japanese company manufactures a range of products including fibres, textiles, performance chemicals, carbon fibre materials, life science and more. The company has a presence in over 25 countries and its overseas net sales as of March 2017 amounted to $9.5 billion.

Yukichi Deguchi, senior vice president and general manager, Toray; Katsuyuki Takao, director, Toray; Shigekazu Suenaga, MD, Toray; Ajay Singh Sirohi, head — strategic planning, Toray; and Jaasthi Krishna Kishore, CEO of AP Economic Development Board were present at the discussion, according to media reports. (KD)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search