Mukesh Ambani-led Reliance Industries Ltd (RIL) has commissioned its new polyester filament yarn (PFY) unit at Silvassa, capital of the union territory of Dadra and Nagar Haveli, the company said Tuesday.
"The entire production from this facility has been successfully placed in the domestic and international markets," RIL said in a release.
With this commissioning, RIL's total PFY capacity, including the Malaysian facilities, is in excess of 1.5 million metric tonnes per annum (MMTPA), it added.
"This expansion further strengthens RIL's position as the world's largest producer of polyester fibre and yarn," the company said.
"The new PFY plant at Silvassa is the most automated and one of the most environment-friendly plants globally. It is co-located with RIL's existing texturizing facility at Silvassa eliminating the packaging and logistics costs", the release added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app