# GHCL Textiles plans 58,368 spindle expansion in India

GHCL Textiles is undertaking a 58,368 spindle expansion (Rs. 410 crores) expected by FY28, along with an 11 MW solar project and a PM Mitra Park processing unit by FY30.

- Type: Expansion
- Announced: 2026-11-05
- Where: India
- Value: $49.0M (4.10B INR)
- Starts operating: 2028
- Status: announced
- Capacity: 58,368 spindles
- Products: textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [GHCL Textiles Limited](https://endata.com/companies/75064.md)

## Sources

- [gurufocus.com](https://www.gurufocus.com/news/9182931/ghcl-textiles-ltd-bom543918-q2-2027-earnings-call-highlights-revenue-surges-31-as-ghcl-textiles-ltd-bom543918-charts-rs-2500-crore-growth-path), 2026-11-07: "Multiple growth projects underway: 58,368 spindle expansion (Rs. 410 crores) expected by FY28."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.