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Thiagarajar Mills Private Limited and Euro Textiles GmbH & Co. KG have signed an MoU to establish a new textile manufacturing facility in Virudhunagar, Tamil Nadu, with an investment of Rs.100 crore. The plant will produce premium cotton jacquard fabrics with an initial annual capacity of 3 million metres, targeting commercial production within eight months.
“The proposed facility will manufacture premium-quality 100% cotton jacquard fabrics and other value-added textile products for export markets, with commercial production targeted to commence within eight months.”worldoftechnicaltextile.com
Summarized from public sources; check the original articles before acting on it.