Himatsingka Group, an integrated textile company is planning to expand its manufacturing facilities.
The expansion will entail an investment of Rs 1,281 crore.
The expansion involves backward integration into spinning and a foray into terry towels. The expansion will be carried out at its existing facility at Hassan, Karnataka over the next three years.
Himatsingka has already received in-principle approval from the Karnataka government and company board approval for the proposed expansion at Hassan.
More Project Info:
Terry Towels (Hassan) Project - Expansion