Related Keywords: existing unit at Kim near Surat, expansion plans, increase by approximately fifty percent, leading Indian manufacturer of fabrics and texturised yarn, Mohit Industries Limited, plans to install eight texturising machines, polyester draw texturised yarn capacity, received sanction for term loan, rupees eighteen crore
Mohit Industries Limited, a leading Indian manufacturer of fabrics and texturised yarn has received sanction for a term loan of ₹18 crore to fund its expansion plans at its existing unit at Kim, near Surat.
The total project cost of the expansion is ₹24 crore. Construction work for the first phase will be completed by end of this month and installation of machinery is expected by next month. The company plans to install eight texturising machines in a new building at its 2.5 lakh sq ft facility in Kim.
