NTC unit in Hassan SEZ to become operational this month

"Once we start spinning and weaving by the month end, we will produce 10,000 kg of yarn per day and 20,000 meters fabric daily," National Textile Corporation (NTC) Chief General Manager (Technical) M M Chockalingam said. Of the total expected yarn production of 10,000 kg per day, the company plans to export about 7,000 kg per day.

This is the first unit of state-owned NTC which is located in an SEZ. Chockalingam said that the unit has been set up to export shirts under NTC brand 'Entyce' to the US and Europe markets. The state-run firm also sell 'Entyce' shirts in the domestic market through its retail stores.

The garmenting process is likely to start in another six months, he said, adding "About 50,000 shirts per day are expected to be produced, once the production starts."
NTC said the Hassan unit has hired about 300 people and the number may double once the unit become fully operational. Besides the Hassan mill, NTC has two more composite mills -- Raj Nagar Mills in Ahmedabad and Finlay Mills in Maharahstra.

NTC had recently garnered about Rs 2,000 crore from sale of its two defunct mills' land in Mumbai. It plans to use the funds for the company's modernisation and diversification.

Assembly elections 2019 | Get the latest news, views and analysis on elections in Haryana and Maharashtra on DeccanHerald.com

For election-related news in Maharashtra, click here

For election-related news in Haryana, click here

DH Newsletter Privacy Policy Get top news in your inbox daily
Comments (+)