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SVP Global Ventures is investing Rs 100 crore in a new greenfield technical textiles facility in Jhalawar, Rajasthan, with a capacity of 4,375 MT per annum, to produce protective uniforms, medical textiles, and antibacterial fabrics.
SVP Global Ventures has started commercial operations of expanded capacity at its textile plant in Sohar Free Trade Zone, Oman. The $150 million investment added 1.5 lakh spindles and 3,500 rotors, bringing total capacity to 4 lakh spindles and 5,900 rotors. The plant is expected to reach peak utilisation by September 2021.
| Site | Largest | Latest |
|---|---|---|
| Jhalawar, India | $13.5M | 2021-09-29 |
| Sohar Free Trade Zone, Oman | $150.0M | 2021-08-18 |