Business Update30 Mar 2024, 10:01 pm
Reliance Chemotex Completes Rs. 125 Crore Expansion, Increases Capacity by 25%
AI Summary
Reliance Chemotex Industries Ltd. has announced the completion of its expansion program, adding 13,440 spindles to its plant in Rajasthan. The investment of around Rs. 125 crore has boosted the company's capacity from 54,816 spindles to 68,256 spindles. The expansion was primarily to meet the growing demand for the company's products.
Key Highlights
- Reliance Chemotex completes expansion, adding 13,440 spindles
- Capacity increases to 68,256 spindles from 54,816 spindles
- Investment of around Rs. 125 crore
- Expansion primarily to meet increased demand