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.