Raj Rayon Announces ₹650 Crore Phase II Expansion

Raj Rayon Industries Limited has announced a significant Phase II expansion plan with an investment of up to ₹650 crore at its Silvassa facility. This expansion will add 300 TPD of polyester yarn and 50 TPD of recycled polyester yarn capacity, with full commissioning expected in CY2028. The project also includes entry into fabric production (10 TPD) and doubling of Value-Added Dope-Dyed Yarn (DDY) capacity, both targeted for Q3 FY27. These initiatives aim to increase the contribution of value-added, specialty, and sustainable products to approximately 80% of revenue at peak utilization, with an estimated annual revenue potential of ₹2,700–3,000 crore. The company also completed de-bottlenecking to increase polymerisation capacity and will commission a biomass heating system by December 2026 to reduce costs and furnace oil consumption.