SVP Global Ventures is foraying into technical textiles, with a vision to be a fully integrated and globally competitive textile manufacturer. The company is investing around Rs 100 crore in setting up a 4,375 MT per annum green-field facility for technical textiles at Jhalawar, Rajasthan.
The company plans to manufacture protective uniforms and functional garments, medical textile, mobil tech, anti-odour and antibacterial knitted fabric for medical and cosmetic uses in apparel and expand gradually in other products. The company plans to commence commercial production in 12 to 15 months.
The company is in the business of non-banking financial company (NBFC) sector.
