# 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.

- Type: Expansion
- Announced: 2021-08-18
- Where: Sohar Free Trade Zone, Oman, Oman
- Value: $150.0M
- Starts operating: 18 Aug 2021
- Status: completed
- Capacity: 1.5 lakh spindles and 3,500 rotors added; total 4 lakh spindles and 5,900 rotors
- Products: cotton yarn, polyester yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [SVP Global Ventures](https://endata.com/companies/57165.md)

## Sources

- [newsonprojects.com](https://www.newsonprojects.com/news/svp-global-expands-spinning-capacity-in-oman-with-rs1100-crore-investment), 2021-08-18: "SVP Global Ventures, a leading cotton yarn manufacturer, has started commercial operations of the expanded capacity at its mega textile plant in Oman."

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