Ventura Textiles Ltd, a Mumbai-based export oriented company, is planning to invest Rs 91.6 crore in expansion of its dyeing facility. The company will also set up a captive power plant at its unit in Nashik. The star export house, which manufactures 100 per cent cotton fabric, made-ups and home textiles (bed linen), proposes to have an in-house wide-width dyeing and processing unit adjacent to its existing spinning and weaving facility.
The company also proposes to modify the existing spinning plant with ring spindles.
The expansion will be completed by financial year 2009 Post-expansion, the company expects its turnover to rise from Rs 64.13 crore to about Rs 250 crore
Source: Business Line
Tags: Industry, Manufacturing
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