Shubham Polyspin has successfully installed and commissioned a solar power plant at Village Amaliyara, District Aravalli, Gujarat with installed capacity of 1152 KW (DC) for captive consumption which has been funded partly by Bank Loan in addition to internal accruals. The solar plant shall enable the company to substantially reduce its power cost. The company shall also be able to take benefit of enhanced depreciation at the rate of 40% p.a. on the plant & machineries of the solar plant as per extant Income Tax Act provisions.
Shubham Polyspin manufactures Polypropylene Multifilament Yarn of various types i.e. Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn. These yarns are used in various fields like Geo-Textiles, Filter Cloth, In FIBC, HDPE, PP Bags as Mouth & bottom closing thread, Narrow Woven Fabrics (webbings & tapes) etc.
