Suryalata Spinning Mills plans capacity expansion
October 6, 2010,
Hyderabad, India - Suryalata Spinning Mills Limited is increasing the capacity of its blended yarn spinning to 200,000 spindles over the next two years.
The 27-year-old company, which is listed on the Bombay Stock Exchange, manufactures polyester, viscose and poly/viscose blend yarns.
Suryalata Spinning has added 4,2888 spindles over past five years.
"In India, present yarn consumption pattern is 60% cotton and 40% synthetic and in the world it is vice versa i.e., 40% cotton and 60% synthetic," said joint managing director M.K.Agarwal. "Consumption of synthetic yarn is increasing in India and expecting in line to world consumption pattern in the years to come."
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily