Amul innerwear plans Rs 80 cr expansion
J G Hosiery Private Ltd, manufacturer of Amul branded innerwear, on Tuesday said it would invest Rs 80 crore for setting up a new facility and augment capacity of its existing plants.
By PTI |
KOLKATA: J G Hosiery Private Ltd, manufacturer of Amul branded innerwear, on Tuesday said it would invest Rs 80 crore for setting up a new facility and augment capacity of its existing plants.
The company would set up a new facility at Delhi and expand capacity of Kolkata and Tirupur units, J G Hosiery Executive director Sandeep Seksaria told reporters here on Tuesday.
He said that the company was looking at a turnover of Rs 325 crore for the financial year 2008-09. The projected turnover for 2007-08 was Rs 210 crore.
Seksaria said that the investments would be raised through internal accruals and debt.
He said that the company would also invest heavily in brand building.
The company would set up a new facility at Delhi and expand capacity of Kolkata and Tirupur units, J G Hosiery Executive director Sandeep Seksaria told reporters here on Tuesday.
He said that the company was looking at a turnover of Rs 325 crore for the financial year 2008-09. The projected turnover for 2007-08 was Rs 210 crore.
Seksaria said that the investments would be raised through internal accruals and debt.
He said that the company would also invest heavily in brand building.
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