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Chandni Textiles to set up velvet manufacturing plant at Gujarat

19 Dec 2012

Chandni Textiles Engineering Industries has received an approval to set up a velvet manufacturing plant in Ankleshwar at Gujarat. The board at its meeting held on December 19, 2012 has approved for the same looking at the steady and growing demand for velvet fabrics.

The board has also decided to look out for land with 10,000 square feet building either on outright or lease basis for the same. The board also approved the import of Looms which have been sourced and the shipment is likely to take place in the month of January 2013.

Further, the board has decided to setup warehouses in various cities like Pune, Nasik, Ahmadabad etc in order to expand in the business of sourcing used imported machinery and has decided to look out for warehouses admeasuring approximately 10, 000 square feet constructed area either on outright or lease basis in these cities for the same.

Chandni Textiles Engineering Industries is engaged in the manufacture of yarn and fabrics. The company has its manufacturing facilities at Daman in the Union Territory of Daman & Diu with installed capacities of 461,000 meters woven fabric and 405 MT chennile yarn.

Related Chandni Textiles Engineering Industries Ltd. Links:

Chandni Textiles Eng Share Price

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Welspun India 132.30
Vardhman Textiles 1903.35
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