Rajapalayam Mills gets nod for capacity addition, establishment of fabric finishing proce

01 Nov 2021 Evaluate

Rajapalayam Mills has received an approval for capacity addition of 166 Nos. of looms and establishment of fabric finishing process with a capacity of 50,000 meters per day in the company’s yarn dyeing and weaving unit.

The company is currently offering premium yarn and Loom state greige fabrics to leading fabric manufacturers in India and abroad. To meet out the increase in demand of fabric and to further increase the value of company’s supply, it is proposed expand the loom capacity and to establish fabric finishing process in its weaving unit. By establishing fabric finishing, the company can supply ready to stich finished fabrics to leading brands. It is expected to increase the sales turnover by 25% and corresponding increase in profits. The Board of Directors at their meeting held on October 30, 2021 has approves for the same. 

Rajapalayam Mills is engaged in the manufacture and sale of yarns.

Rajapalayam Mills Share Price

887.00 45.65 (5.43%)
28-Mar-2024 16:01 View Price Chart
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Company Name CMP
Trident 36.54
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Sutlej Textiles&Inds 50.30
Nahar Spinning Mills 267.00
Nitin Spinners 320.85
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