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Chiripal Group plan to set up Rs 500-cr terry towel facility in Ahmedabad

Related Keywords: begin commercial production, business diversification strategy plan, Chiripal Group, Gujarat based vertically integrated group of textile manufacturing, instal eighty airjet looms, manufacturing cotton yarn, Nandan Terry, set up spindles, set up terry towel facility, wholly-owned subsidiary

Chiripal Group, Gujarat based vertically integrated group of textile manufacturing companies as part of its business diversification strategy plans to set up a Rs. 500-crore terry towel facility in Ahmedabad installing 80 airjet looms with an initial towel manufacturing capacity of 10,696 tonnes per annum with room to double the capacity in Ahmedabad district with an initial capacity of 10,696 tonnes per annum.

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