Related Keywords: 000 bales capacity, 60, Board for Industrial and Financial Reconstruction, CCI, ginning, lease land, NTC, pilot basis, pressing factory, sick unit, warehouse
Cotton Corporation of India plans to set up its first ginning and pressing factory with capacity of 60,000 bales at Adoni in Andhra Pradesh for which it will take 7.17 hectares of land on lease in one of the sick units of the National Textile Corporation in the newly-formed State to set up the ginning unit on a pilot basis.
The Corporation is also open to setting up similar units in Telangana, which is among the largest cotton growing regions in the South, if the newly-formed State Government offers land free of cost.
