SVP Global expands spinning capacity at Oman plant with $150M investment

SVP Global Ventures has started commercial operations of expanded capacity at its textile plant in Sohar Free Trade Zone, Oman. The $150 million investment added 1.5 lakh spindles and 3,500 rotors, bringing total capacity to 4 lakh spindles and 5,900 rotors. The plant is expected to reach peak utilisation by September 2021.

“SVP Global Ventures, a leading cotton yarn manufacturer, has started commercial operations of the expanded capacity at its mega textile plant in Oman.”newsonprojects.com

• 1 source
• newsonprojects.comSVP Global expands spinning capacity in Oman with ₹1,100 crore investment. | News On ProjectAug 18, 2021

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