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22 May 2021 8:38 AM, Tidings Shruti Shah

Indo Rama Synthetics board clears capex plan worth Rs.6 bn

The board of Indo Rama Synthetics has approved capex plan of up to Rs.6 billion by the company and its wholly-owned subsidiary at Butibori, Nagpur. The investment will be made be towards the addition of balancing equipment for value addition, manufacture of specialty yarns including recycled filament yarns. The company will also install a 700 TPD PET Resin manufacturing facility to diversify its product portfolio.

References
1. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ebe597e6-4d97-4763-9070-5dc0bc0c14c5.pdf