Govindaraja Textiles to set up open end spinning unit with 35 tons of yarn a day capacity in the US

YarnsandFibers News Bureau 2014-09-24 16:00:00 – India

Shri Govindaraja Textiles, part of the Jayavilas Group, is setting up an open-end spinning unit in Eden, North Carolina. The spinning unit will have 16 machines and its production capacity will be 35 tonnes of yarn a day. The plant is expected to start production by the end of December this year.

Ramkumar Varadarajan, Managing Director, speaking at a roundtable discussion held here on Monday with Vinai Thummalapally, Executive Director of Select USA. Mr. Varadarajan said that they would be investing $45 million in this project.

The three major intentions for deciding to invest in the U.S. were that North Carolina was a cotton growing area and hence contamination free cotton was available locally, the cost of power was just one-third of that here and quality power supply was assured 24x7, and the cost of capital was just one-third of that in India.

Also North and Central America have a lot of knitting and weaving units and hence, market for the yarn would not be a problem. Since it was a highly mechanised unit, the maximum number of people employed for a shift would be just 12.

According to an industry source, currently there is a trend of revival of the textile industry going on in the U.S. and some units in India might consider starting operations there.

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello