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Govt to offer Rs 120 cr incentives for drone manufacturing

Govt to offer Rs 120 cr incentives for drone manufacturing

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GHCL, India inaugurated its new spinning unit at Manaparai in Madurai district of Tamil Nadu. The new unit at Manaparai is the latest addition to the yarn division. The unit is equipped with 39,600 ring spindles to produce synthetic and synthetic blend compact yarn and has a production capacity of 23 tpd. The unit is equipped with state-of-the-art textile machinery and the latest on-line quality control equipment combined with computerised information systems to enhance productivity and product quality. With the commencement of this unit, GHCL's yarn division will now have an installed capacity of 2,24,000 ring spindles and will be able to cater to premium segments both in the domestic as well as international markets. An investment of Rs 200 crore will be made, of which 75 percent has already been made and balance will be invested by the end of September 2022. The unit will generate employment for almost 300 workers daily.

GHCL inaugurates spinning unit at Manaparai

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BSH Home Appliances to infuse Rs 150 cr in washing machines segment

BSH Home Appliances to infuse Rs 150 cr in washing machines...

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Merk

Merck inaugurates biomass plant in Goa

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R s raghvan

‘Infra spend will raise demand for crushing and screening equipment’

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