GHCL Textiles signs MOU for Rs. 535 crore investment in Tamil Nadu

GHCL Textiles signed an MOU with the Government of Tamil Nadu on January 8, 2024, for an investment of Rs. 535 crores over four years. The investment will be used for capacity expansion, product basket expansion, vertical integration into knitted and woven finished fabrics, and enhancement of green energy portfolio.

“These investments are in line with our promise to consistently deliver value for our stakeholders through sustained expansion in earnings.”worldoftechnicaltextile.com

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• worldoftechnicaltextile.comGHCL Textiles signs MOU for investing Rs. 535 Crores in Tamil Nadu - Techtextiles & NonwovensThe Textile MagazineJan 17, 2024

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