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Indorama Industries to invest Rs.1,000 crore at its Himachal project

April 06/2012
(polyestertime) -- Indorama Industries, which claims to be the largest producer of polyester in the world, on
Tuesday said that it is investing Rs.1,000 crore at its new plant in Himachal Pradesh's industrial town of Baddi.

Indorama business head R.D. Gupta told reporters here that the company had already set up a Spandex manufacturing plant of 5,000 MT (metric tonnes) per annum capacity for the first time in the country with an initial investment of Rs.400 crore.
Author:Anna Larionova
Category:General News
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