| The Rs 50-crore garment manufacturing unit coming up at Kanchipuram as a joint venture with an Indonesian company is expected to commence production by August 2008. It would cater to the export market, of which the Indonesian company would absorb about 50 per cent of the products. |
| The unit would offer jobs to 1,000, he said. In the second half of FY09, the company would add 12,000 spindles each to the two textile mills at Vudumalaipet and Dindigul. For this, it would invest Rs 50 crore. These mills have 18,000 spindles each now. |
| The Tirupur unit, which makes garment accessories like labels, tags and zips, would introduce new products "� Wall Hangers and Calendars "� by the end of the calendar year. The cost of production of the two new items would be Rs 20 per square inch, he said. |
| The company sources cotton from local ginners from its centres in Guntur (Andhra Pradesh), Gujarat and Maharashtra apart from Egypt. |
| It expects to close the financial year with a turnover of Rs 40 crore. For the year 2008-09, the company has projected a turnover of Rs 80 crore and Rs 120 crore for 2010 "� 2011. |
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