GHCL Ltd, a manufacturer of inorganic chemicals and textiles, plans to investment Rs 1050 crores over the next 2-3 years for expansion of soda ash and textile capacity. While the company will spend Rs 950 crores in a two-phase soda ash expansion project at Sutrapada plant in Saurashtra (Gujarat), it will utilise Rs 100 crores in the next two years for expansion of its textile business. Of the total Rs 2400 crores top line recorded by the company last year, inorganic chemicals contributed 60 percent and 40 percent was accounted for by textile business.
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