D G Spintex intends to set up a cotton yarn unit at Raypur, Dholka in Ahmedabad district of Gujarat.
An official from the company notified ProjectsToday (PT), that the company was planning to set up a cotton yarn unit with a capacity of 26,112 spindles. D G Spintex has already acquired 20 acre for the project, estimated to cost Rs 135.56 crore. Work on the project is expected to commence by October 2013 with completion scheduled for October 2014. The unit will be funded through Debt.
Currently, the company is in the process of finalising the contractor for the project.
Related Links:
Project Profile