Bombay Rayon Fashions Ltd. to invest Rs.11,00 Cr. in textile and garment units in Maharashtra, for which it signed MOU with the State government. Facilities will come up at Tarapur, Islampur, Ichalkaraji, Latur, Nanded, Osmanabad & Amravati. While 200 Cr. will be invested in garment making, fabric processing & yarn dyeing have outlets of Rs.450 Cr. each. The company has Rs.400 Cr. as equity capital. Maharashtra State government would be investing as much as Rs.70,000 Cr. in 78 mega projects over next two years. State attracted foreign direct investment of Rs.70,750 Cr. with 3,933 proposals over last three years, FDI attracted is highest for any state.
Contact: Bombay Rayon Fashions Ltd. Email: opportunities@bombayrayon.com Website:www.bombayrayon.com