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TechnoSport signed an MoU with the Tamil Nadu government to invest Rs 130 crore in Phase 2 expansion of its activewear manufacturing facility in Erode, India. The expansion will increase fabric capacity from 25 to 40 tonnes per day by end of FY27 and create over 500 jobs.
“This ₹130 crore investment in Erode represents another important step in that journey.”imagesbof.in
Summarized from public sources; check the original articles before acting on it.