GHCL Textiles has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu for an investment of Rs 535 crore at the Global Investors Meet 2024. The MoU entails investments for capacity expansion as well as investments in renewable energy in Tamil Nadu. Once implemented, GHCL Textiles' total investment in the state will be over Rs 1035 crore and its renewable energy portfolio will expand to 75 MW.
GHCL Textiles is a leading manufacturer and supplier of 100% Combed Cotton Compact Ring Spun yarns, Cotton Open End yarns, 100% Synthetic and Blend Ring Spun yarns, Vortex yarns and TFO yarns.
| Company Name | CMP |
|---|---|
| Trident | 26.58 |
| Filatex India | 44.54 |
| Nitin Spinners | 483.15 |
| Nahar Spinning Mills | 273.70 |
| Sanathan Textiles | 454.00 |
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