VSF Projects gets approval for Hina Textile Mills unit in FTWZ

VSF Projects Ltd has announced the grant of a Letter of Approval (Form-G) dated October 5, 2026, by the Office of the Development Commissioner, Visakhapatnam Special Economic Zone. This approval permits Hina Textile Mills Private Limited to establish a unit within VSF Projects' Free Trade and Warehousing Zone (FTWZ). The unit will conduct bonded warehousing, storage, and packing/repacking/labelling of various items, including roasted cashew nuts and textile products. VSF Projects will lease warehouse space to Hina Textile Mills and generate revenue from the usage of ICD containers. This development is expected to add a new unit to the company's FTWZ and broaden the range of cargo handled. The approval is initially valid for one year for project implementation, extendable, and then for five years upon commencement of operations.