Board of SVP Global approves setting up greenfield facility for technical textiles
At meeting held on 18 October 2021The Board of SVP Global Ventures at its meeting held on 18 October 2021 has approved the capital expenditure amounting to Rs. 100 crore in setting up a approximately 4,500 MT per annum green-field facility for technical textiles at Jnalawar, Rajasthan. The Company expects to
start commercial production in 12-15 months. The funding for the same will be done through internal accruals.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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First Published: Mon, October 18 2021. 11:42 IST