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Fiberweb (India) Ltd announced a new diversification plan into a spunlace (biodegradable) project with an estimated cost of Rs. 140 crore. Orders are expected to be finalized by end of FY24, with commercial production starting by end of FY25.
“We are excited to announce our new diversification plan into the Spunlace project (Biodegradable), which promises manifold opportunities for our company.”theprint.in
Summarized from public sources; check the original articles before acting on it.