Vardhman Textiles gets nod to set up two major units in Himachal Pradesh

26 Jun 2014

Textile major Vardhman Textiles has received an approval to set up two major units in state of Himachal Pradesh. The company’s subsidiaries - Auro Textiles and Mahavir Spining Mills, both were given permission by the single window clearance and monitoring authority.

Auro Textiles has proposed to invest Rs 228.58 crore with employment potential of 392 people, while Mahavir Spining Mills proposed to invest Rs 330.28 crroe with employment potential of 860 people.

Vardhman Textiles, incorporated in 1973, is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.

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1184.70 -15.35 (-1.28%) Apr 13, 18:01
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