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Board of SVP Global approves setting up greenfield facility for technical textiles

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Capital Market

At meeting held on 18 October 2021

The 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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First Published: Oct 18 2021 | 11:42 AM IST

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