Bannari Amman Spinning to set up a textile project signs MoU with Tamilnadu Govt

Bannari Amman Spinning Mills Ltd. is an India-based company engaged in the business of manufacturing cotton yarn, woven and coated fabrics, garments and wind power generation having more than 1.60 lakh spindles also weaving divison specializes in manufacturing wide-width cotton fabric. In February 2014, Bannari Amman Spinning Mills Ltd. promoted a wholly owned subsidiary, Abirami Amman Mills Private Ltd to implement the new projects in future.

Abirmai Amman Mills has entered into a Memorandum of Understanding (MOU) with the Tamil Nadu government for setting up of a textile project near Dindigul in the state. The new project would attract an investment of around Rs 250 crore.

According to a senior official having direct knowledge of the project, the new project will have production capacity of 15,000 spindles

The mill caters to Tirupur, Calcutta and Kanpur markets and exports around 24% of its production to Israel, Mauritius, Egypt, Taiwan and South Korea.

Recent Posts

DKNY partners with Dubit to launch virtual fashion line on Roblox

DKNY and Dubit have introduced a virtual collection of handbags, hats, and jackets from its new 'Heart of New York'…

6 hours ago

Archroma showcases sustainable denim solutions

Archroma, a leading provider of sustainable specialty chemicals, is set to unveil a comprehensive array of denim solutions at the…

6 hours ago

Xefco secures funding to launch water-free dyeing technology

Xefco has successfully secured US$6.9m in funding to advance the commercialization of its groundbreaking water-free textile dyeing and finishing solution.

1 day ago

Researchers explore mushroom fibers as sustainable alternative

Researchers are exploring mushroom roots, mycelium, as a sustainable alternative to synthetic fibers in various products, including clothing and car…

1 day ago

Coachtopia collaborates with designers to revamp Ergo Bag

Coachtopia has partnered with upcycle designers worldwide to give a fresh look to its popular Ergo bag, highlighting sustainability through…

1 day ago

G7 vows to address environmental impact of fashion industry

France announced that the G7 will focus on tackling the environmental and climate effects of the fashion and textiles sector…

2 days ago