Saravanagiri Spinning Mill is establishing a polyester viscose yarn unit at Pallipalayam, in Erode district of Tamil Nadu.
A spokesperson for the company informed ProjectsToday (PT) that it was setting up a polyester viscose yarn unit with a capacity of 22,000 spindles in Tamil Nadu.
The unit, estimated to cost Rs 60 crore, is spread over eight acre.
Work on the project has recently commenced with completion scheduled for June 2015.
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