Skywin Spinning is looking to set up a cotton yarn facility at Sanosara, in Rajkot district of Gujarat.
As told to ProjectsToday (PT), the project will be set up with an investment of Rs 66 crore, which will be funded through internal accruals and bank loan.
The facility has a capacity of 19,000 spindles. Work on the project has already commenced and soon the company will achieve financial closure.
The project is expected to be completed by 31 December, 2014.
Related Link:
Project Profile