# Hyosung TNC to build spandex plant in India

Hyosung TNC Co. announced plans to build a spandex manufacturing facility in India next year, aiming for a 70% market share in the country. Specific timeframe and investment value were not mentioned.

- Type: New facility
- Announced: 2018-08-16
- Where: India, India
- Status: announced
- Products: spandex
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Hyosung TNC](https://endata.com/companies/33775.md)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/all/8437414), 2018-08-16: "Hyosung TNC Co. will build a spandex manufacturing facility in India next year with an aim to take up 70 percent share in the world’s second most populous country."

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