Lagnam Spintex inaugurated new manufacturing unit in Rajasthan
Lagnam Spintex completed the execution of setting up of expansion project.
Company : Laxmi Cotspin Limited
The implementation of settling of extension project of Lagnam Spintex Limited for manufacturing of ring spun carded and combed yarn with installed capacity of 25,536 spindles at A 51-52 RIICO, Growth Centre Hamirgarh, Bhilwara- 311001, Rajasthan has completed and the production has started from 31st July 2019.
Reportedly, the company approved fund and non-fund based additional working capital of Rs.15 Crores by Bank of Baroda and Rs.12.5 Crores has been sanctioned by HDFC Bank Ltd for the requirement of the company.
Headquartered in Rajasthan, Lagnam Spintex Limited is an ISO 9001:2015 certified company engaged in the business of manufacturing of open end yarn.
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