NTC expects to complete modernization of its 22 mills by it self by March, 2008. Purchase Orders for new machinery are being placed with the cost of Rs.104 Crores.
Amongst 22 mills, 4 mills including Rajnagar Textile Mills will be modernized by relocation as a Green Field Project.
After modernization, NTC is projected to produce 600 lakh Kgs of yarn and 250 lakh Mtrs of cloth annually with a turnover of more than Rs.931 crores in the year 2009-10.
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National Textile Corporation
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