Don’t miss the latest developments in business and finance.

Mohit Industries provides update on its capacity expansion plans

Image
Capital Market
Last Updated : May 10 2016 | 3:49 PM IST

Capacity of polyester draw texturised yarn to increase to 30,000 MT

Mohit Industries has received sanction for term loan of Rs. 18 crore for expansion project of Rs. 24 crore. Construction work for first phase will be completed by end of this month and installation of machinery is expected by next month at its existing unit at kim.

With this expansion, polyester draw texturised yarn capacity of the Company shall increase by approximately 50% i.e. from 21000 MT to 30,000 MT.

Powered by Capital Market - Live News

Also Read

First Published: May 10 2016 | 3:20 PM IST

Next Story