The Ludhiana-based Jindal Cotex Ltd (JCL), which is engaged in manufacturing a variety of synthetic yarns, ie acrylic, polyester and other blended yarns, its wholly-owned subsidiary Jindal Speciality Textile Ltd (JSTL) a leading manufacturer of PVC laminated products for boat, trucks & tarpaulin, is aiming to achieve addition revenues of Rs 190-200 crore this year.
The company proposes to achieve additional sales turnover of Rs190-200 crores on yearly basis with full capacity utilization having got the power connection in April 2014. This would also benefit Jindal Cotex Ltd and additional profit of Rs 20-25 crores of (EBITA margin) would be added on yearly basis.
Jindal Specialty Textile having annual capacity of the plant at 20000 TPA is all set for manufacturing laminated and coated textile products under technical textiles sector. JSTL produces technical textile and banner fabrics textiles product like PVC films (frontlit and backlit), other advertisement materials. The main product line is PVC laminated product, front banner fabric, backlit banner fabric, inflatable fabric for boats.
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