Raymond commissions new greenfield Linen manufacturing facility

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Capital Market
Last Updated : Dec 18 2017 | 10:04 AM IST

In Amravati

Raymond inaugurated a Greenfield Linen manufacturing facility in the newly created Textile Park in Nandgaon Peth, Amravati, under its subsidiary Raymond Luxury Cottons on 17 December 2017.

In phase 1 of the industrial development initiative, the facility is expected to produce 1200 tons of world class Linen yarns and 4.8 million meters of Linen and blended fabrics per annum. It is expected to generate direct and indirect employment for 800 people.

Reaffirming its commitment for the inclusive growth of the society, Raymond in yet another initiative has laid a foundation stone for establishing an education, sports and residential project benefitting the entire industrial region of Amravati, Maharashtra.

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First Published: Dec 18 2017 | 9:43 AM IST

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