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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.

Chiripal Group plans expansion in various sectors with investment of Rs 3,640 cr

Related Keywords: Chiripal Group, Fiber to apparel, polyester chips manufacturing, spinning and weaving activities, spinning park, terry towel, Textile house, textile major, textile park in Bidaj, Vibrant Gujarat summit

Chiripal Group, an Ahmedabad based textile major, which had started with a few power looms, has evolved into multi-activity, multi-product Textile House that produces fiber to apparel under one roof. At the Vibrant Gujarat Summit 2015 the company announced its plans to make investment of around Rs 3,640 crores for expansion in various sectors in the next two years.

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