Vertex Spinning Mills is confident of completing its greenfield textile project in Maharashtra by December 2006. Speaking to ProjectsToday, senior project personnel indicated that commercial production from the facility is targeted to start by March 2007.

Around 30 per cent of civil work on the project has been completed, company officials stated. The Rs.512 crore project involves setting up of a cotton spinning and weaving mill of capacity 20,000 tpa on 100 acres of land at Nardhana in Dhule district of Maharashtra. Machinery would be sourced from Reifer of Germany.

The expansion project will take the company's overall capacity to 24,000 tpa. It already has a 4,000 tpa spinning and weaving unit at the Pithampur Industrial Area in Madhya Pradesh's Dhar district. Incidentally, the company had earlier proposed to expand the capacity at the Pithampur unit, but later decided to shift the project as a greenfield unit in Maharashtra. Post-expansion, the company's will have a total of 1.6 lakh spindles, spread over both locations.

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