Brief: India's Angel Fibers Plans To Set Up New Denim Capacity Of 2000 Tons Per Year

Angel Fibers

16/04/2018 11:55

April 16 (Reuters) - Angel Fibers Ltd  AGEL.BO :
    * SAYS COMPANY ALSO PLANS TO SET UP NEW DENIM CAPACITY OF
2,000
TONS PER YEAR
    * SAYS MANAGEMENT EXPECTS EXPANDED CAPACITY OF 10,440 TONS
WOULD
BE COMMISSIONED BY AUGUST, 2018
    * IN PROCESS OF ADDING 20,064 SPINDLES TO CURRENT CAPACITY
IN
GUJARAT  WHICH WOULD DOUBLEITS SPINDLES CAPACITY TO 39,684
SPINDLES

Source text - https://bit.ly/2HF2CyY
Further company coverage:  AGEL.BO 

 ((Reuters.Briefs@thomsonreuters.com;))