Maral Overeas is likely to complete its Rs.150
crore expansion project by June 2006, it is learnt.
The company has already invested Rs.50 crore in
setting up a new garment manufacturing facility at Gurgaon that is expected to
be completed by June 2006.
The investment of another Rs.100 crore is now
being made to enhance spinning capacity from the present 54,000 spindles to
70,000 spindles, and to set up a thermal power plant.
Also See:
Maral
Overseas to expand capacity (6-Jan-05)