Bombay Rayon Fashions, producer of fashion fabrics and garments, will pump in Rs 300 crore for its expansion plan. | |
| The company will raise funds by raising term loans under the Technology Upgradation Fund Scheme (TUFS) and further equity. |
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| At present, the garment-making capacity of the company is 64,000 units per day, which will be increased to 1,50,000 units in a phased manner. |
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| It is also setting up a greenfield unit with a capacity of 70 million metres per annum, which will catapult the company's total fabric manufacturing capacity to 120 million metres per annum. |
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| The company expects, with the proposed expansion, its turnover will see a quantum jump. |
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