SVP Global Textiles gets PLI approval for technical textiles facility in Jhalawar

SVP Global Textiles Ltd received approval from the Ministry of Textiles under the PLI Scheme to invest approximately Rs. 100 crore in a greenfield technical textiles facility at its existing plant location in Jhalawar, Rajasthan. The plant is planned to be set up in 12 to 15 months and is expected to generate an annual turnover of approximately Rs. 200 crore.

“The Company had declared its intension to invest approximately Rs. 100 crore to set up a green-field facility for technical textiles.”worldoftechnicaltextile.com

• 1 source
• worldoftechnicaltextile.comSVP Global gets Technical Textiles Expansion Approved under Govt’s PLI Scheme - Techtextiles & NonwovensThe Textile MagazineApr 22, 2022

Summarized from public sources; check the original articles before acting on it.