Indian textile company Raymond Ltd recently commissioned the first phase of its greenfield project in the cotton-growing district of Amravati in Maharashtra. However, only linen, a high-end fabric made from flax, a crop grown in France and Belgium, will be manufactured in the first phase. Commercial operations at the unit will begin by April next year.
Plans for the second phase, which may use locally grown cotton, would be announced in due course, according to a news agency report.Indian textile company Raymond Ltd recently commissioned the first phase of its greenfield project in the cotton-growing district of Amravati in Maharashtra. However, only linen, a high-end fabric made from flax, a crop grown in France and Belgium, will be manufactured in the first phase. Commercial operations at the unit will begin by April next year. #
This would be Raymond's third unit in central India and the second in the Vidarbha region. The company has a denim plant at Yavatmal and a woollen fabric unit in Chhindwara district, on the Madhya Pradesh-Maharashtra border.
The Amravati plant has been set up with an investment Rs 220 crore and will offer direct employment to 500 persons. (DS)
ALCHEMPro News Desk – India
marketing@alchempro.com
