# TCG invests Rs. 1,250 crore in FDY Yarn expansion at Garden Silk Mills

TCG invested Rs. 1,250 crore in an FDY Yarn expansion project at Garden Silk Mills Private Limited (GSMPL).

- Type: Expansion
- Announced: 2024-02-12
- Where: India
- Value: $150.0M (12.5B INR)
- Status: announced
- Products: FDY yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Garden Silk Mills](https://endata.com/companies/78901.md)
- [TCG](https://endata.com/companies/78900.md) (investor)

## Sources

- [worldoftechnicaltextile.com](https://worldoftechnicaltextile.com/category/expansion/), 2024-07-31: "The Rs. 1,250 crore FDY Yarn expansion project at Garden Silk Mills Private Limited (GSMPL) marks the beginning of a period of rapid progress"

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