NEPC Textiles plans capacity expansion in Coimbatore
COIMBATORE: The part of NEPC Group of companies, NEPC Textiles has proposed an increase in the spindle capacity from the present level of 25,000 spindles to higher levels, industry sources said here on January 12. The modernisation plan proposed by NEPC textiles, located at Kannampalayam (Coimbatore) by upgradation and installation of the state-of-the-art technology and improved version of machineries has been approved by the board.
The board discussed the matter and resolved to explore possibility of capital reduction proposals to be considered and implemented at the earliest and decided to review the subject in detail.
NEPC Textiles incorporated in 1993, is promoted and managed by NEPC Group. The main objective of the company is to manufacture and market all kinds of yarn.
Source: BharatTextiles.com
