{"id":4861,"date":"2022-02-11T05:23:40","date_gmt":"2022-02-11T05:23:40","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=4861"},"modified":"2023-06-19T09:45:42","modified_gmt":"2023-06-19T09:45:42","slug":"lagnam-spintex-announces-expansion-plan-of-rs-218-crore","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/lagnam-spintex-announces-expansion-plan-of-rs-218-crore\/","title":{"rendered":"Lagnam Spintex announces expansion plan of Rs 218 crore"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/4861?pdf=4861\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img class=\"alignnone wp-image-4862 aligncenter\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Lagnam-Spintex-announces-300x169.jpg\" alt=\"\" width=\"476\" height=\"268\" srcset=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Lagnam-Spintex-announces-300x169.jpg 300w, https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Lagnam-Spintex-announces-768x432.jpg 768w, https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Lagnam-Spintex-announces.jpg 850w\" sizes=\"(max-width: 476px) 100vw, 476px\" \/><\/p>\n<p>Lagnam Spintex, India&#8217;s biggest manufacturer of high-quality cotton yarns, is to invest Rs 218 crore in an expansion project that will add 41,472 spindles of 100 percent cotton compact yarn.<\/p>\n<p>&nbsp;<\/p>\n<p>After installing the additional capacity in the next two fiscal years, beginning April 1, 2024, the business forecasts an additional topline growth of around Rs 300 crores per year.<\/p>\n<p>&nbsp;<\/p>\n<p>After the proposed project is completed at the existing facility, the company&#8217;s production capacity will increase from 35 to 70 tonnes per day, the capex will almost double the company&#8217;s product capacity, and a new product called &#8220;COMPACT YARN&#8221; will be added, which is in high demand in both the domestic and international markets.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Lagnam Spintex, India&#8217;s biggest manufacturer of high-quality cotton yarns, is to invest Rs 218 crore in an expansion project that will add 41,472 spindles of 100 percent cotton compact yarn&#8230;. <\/p>\n","protected":false},"author":4,"featured_media":4862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[2384],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Lagnam-Spintex-announces.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4861"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=4861"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4861\/revisions"}],"predecessor-version":[{"id":4863,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4861\/revisions\/4863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/4862"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=4861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=4861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=4861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}