Indo Count is planning expansion of its bed linen capacity by 20% from its existing annual capacity of 90 Mn metres to 108 Mn metres by debottlenecking and balancing facilities. The company is also making brownfield investment for adding commensurate cut & sew facilities and for enhancing the capacity for Top of the Bed (TOB) products. This will entail a capex of Rs. 150 crores Indo Count is also planning modernization of spinning units with compact spinning technology at an investment of Rs. 50 crores. Post modernization, this capacity will also be used for captive consumption in the home textiles unit. The total capex of Rs. 200 crores will be funded by a mix of internal accruals and debt and is expected to be operational in H2FY22.
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