Ginni Filaments Rs 130 crore Non-Woven Project in Panoli, Gujarat will be inaugurated in January 2007 - Targets Rs 500 crore sales turnover in 2008-2009

摘要

Dr Rajaram Jaipuria, Chairman and Managing Director, Ginni Filaments Ltd in a an interview with Mr Raju Chandran of Textile India Progress revealed that the company's Rs 130 crore Non-Woven project will be inaugurated in the fourth week of January 2007. Ginni Filaments Ltd is already having an export oriented cotton yarn project and a processing project in Mathura, U.P. and the company has also a garment manufacturing unit in Noida. With the commissioning of the Non-Woven Project, the sales turnover of Ginni Filaments Ltd is expected to go to Rs 500 crore, in F.Y. 2008-2009, from the turnover of about Rs 193 crore achieved in F.Y. 2005-2006. Dr Rajaram Jaipuria has in fact been quite conservative in his projection of Rs 540 crore also for the financial years 2009-2010, 2010-2011 and 2011-2012, although Textile India Progress estimates that the sales turnover will be much higher, with the on-going expansions of the spinning project in Panoli, Gujarat and also the spinning project in Mathura, U.P. and the expansion of its garment project.