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K P R Mill undertakes garment capacity expansion

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Capital Market

For an estimated cost of Rs 120 crore

K P R Mill announced that the Company has undertaken scaling up of garment capacity from 59 million pieces to 95 million pieces per annum. The Company has initiated capacity expansion in its processing facility with advanced cold processing technology, to meet additional requirement.

The estimated project cost of Rs 120 crore will be funded through internal accruals and debt. The expansion project is expected to be completed in 9 months times.

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First Published: Mar 21 2016 | 11:06 AM IST

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