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Sintex Industries to set up a textile plant in Gujarat

11 Dec 2014 Evaluate

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.

Peers
Company Name CMP
Vardhman Textiles 571.05
Welspun Living 202.90
Arvind 548.70
Raymond Lifestyle 668.20
K.P.R. Mill 1121.05
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