# Sitaram Spinners invests Rs 200 crore in capacity expansion

Sitaram Spinners invested Rs 200 crore to expand spindle capacity from 50,000 to 75,000 spindles, with a final target of 100,000 spindles by 2022, creating 200 jobs.

- Type: Expansion
- Announced: 2020-07-13
- Where: Telangana, India
- Value: $26.7M (2.00B INR)
- Jobs: 200
- Starts operating: 2022
- Status: announced
- Capacity: 100,000 spindles
- Products: core spun spandex yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Sitaram Spinners](https://endata.com/companies/48515.md)

## Sources

- [invest.telangana.gov.in](https://invest.telangana.gov.in/jet-popup/sitaram-spinners-popup/), 2020-07-13: "Invested Rs 200 Crores – Capacity expansion"

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