Lambodhara planning to invest 15 Cr

Lambodhara Textiles Ltd of Coimbatore is planning to spend Rs15.75 crore for the expansion and modernisation of its mill in Palani Taluk in Dindigul district of Tamil Nadu. The company plans to install 8,128 additional spindles, 12 sets of LMW-make LR6/S ring frames of 1,008 spindles, four Savio-make polar L autoconers to be imported from Italy, two Trumac DK 800 Carding machines, two LMW LF 1400A speed frames, two Lakshmi Caipo Slub generators, humidification plant and other new accessories and electrical fittings.

Planning to spend Rs15.75 crore for the expansion and modernisation of its mill

The company will also construct additional buildings of 47,852 square feet. For this expansion and modernisation plan, the company will get a term loan of Rs12 crore under the Technology Upgradation Funds Scheme (TUFS) of the Ministry of Textiles, Government of India. Promoters will contribute the remaining Rs3.75 crore.

Related Posts by Categories

Textiles

• IOPS launches services
• SIMA revives textile park project in Andhra Prades
• SISPA seeks ban on cotton exports
• Handloom exhibition to be held in January
• SIMA to draft code of conduct for women..
• Premier mills fory into luxary bed market
• Textiles Committee reconstituted
• SIMA explores options to meet power demand
• Training on Sulzer weaving machine ..
• New equipment to test Fibre and Yarn !
• Textile sector needs to move up value chain
• SIMA focus on Power !!
• Coimbatore textile institute to be upgraded !
• Seminar at KCT on Textiles
• Yarnex 2009 !
• CCI aksed to setup sale depots !
• Open End Spinning Mills On Strike
• Powerloom Owners Withdraw Strike
• Open End Spinning Mills Association Called An Indefinite Strike
• 2 lakh Powerlooms Idle
• Independenseday Busy
• TexFair 2009 Inaugurated ..
• Revival efforts start paying off, NTC Mills on hiring mode ..
• 3 day international conference (ATNT)
• Roadmap to put Textile Industry on 7-8 percent growth:Maran