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JM Fabrics Limited, a subsidiary of Malek Spinning Mills, will invest Tk156.7 crore to increase production capacity at its existing seamless, yarn texturising and covering facilities in Bangladesh. Capacity will rise from 5.29 crore to 5.49 crore pieces per annum.
“The board of JM Fabrics has approved the company's expansion plan.”tbsnews.net
Summarized from public sources; check the original articles before acting on it.