Sintex Industries has decided to set up a textile processing plant near Pipavav port (Gujarat) at an investment of Rs 5,500 crore by 2017-18. The upcoming Pipavav unit will be the 10th plant of Sintex Industries in the country, and will be set up in phase-wise manner. This new plant will have one million spindles, 2,400 weaving machines and a capacity to churn out 600 tonne of knits.
Sintex Industries is the world largest producer of plastic water tank. It manufactures a wide range of plastic products including prefabricated structures, industrial custom molding products, monolithic constructions and water storage tanks.