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Related Keywords: and Sudiva Spinners, clinch highest investment proposals, installed machinery, Nitin Spinners, Rajastan government signed investment proposals, Rajasthan textile industry, Rswm, started construction, started production, twenty three textile projects, vilified for polluting environment

Rajasthan textile industry vilified for polluting the environment, the sector needed modernization and new technologies to keep alive the rich textile heritage and also build on the brand image. The state government has not only addressed those concerns but also given a very encouraging policy support unmatched anywhere in the country. The high conversion rate of investment proposals into textile projects is the result of the confidence the government generated among the investors, said Industries minister Gajendra Singh Khimsar.

Related Keywords: additions in capacity, board approval, establish leadership position in market, expansion project, Nitin Spinners, Rajasthan based cotton yarn manufacturer, Ring Spinning and Rotor Spinning facilities, widen the range of its cotton products

Nitin Spinners, a Rajasthan-based cotton yarn manufacturer at the board meeting got approval of Rs 300 crore for expansion project to widen the range of its cotton products and to establish leadership position in the market.

The Board of Directors of the Company have approved expansion project for additions in the capacity of Ring Spinning & Rotor Spinning facilities at the existing location, The new plant would come into operations in second half of FY16, Nitin Spinners' said in a BSE filing.