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KPR Mill Ltd responds to surging demand in garment sector through expansion and it adds up new facility near Tirupur


Tuesday, 10 Jun 2014 02:59am EDT 

KPR Mill Ltd:Says in order to meet increased demand in garment exports, KPR Mill has initiated expansion plans in its Garment Business.Besides expanding capacity of its existing facility, it adds up a new facility near Tirupur.This shall increase its present capacity of 30 mln pieces to 40 mln pieces per annum (single shift ).Since major infrastructures are already in place, its operation is expected during the first quarter of FY 15.Says it would result in creation of direct employment for about 1,000 people.At Thekkalur , near Tirupur, new unit with 12 mln pieces per annum capacity is being set up.Land has already been acquired and construction work has commenced.Says it is expected to become operational during the fourth quarter of FY 15.Says it would result in creation of direct employment for about 1,200 people.These, capacity additions are expected to enhance the overall garment operations of KPR by over 50 pct in two years. 

Company Quote

297.75
3.55 +1.21%
21 Oct 2014