Shri Lakshmi Cotsyn to invest Rs 1300 crore

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Sept 10, 2012: Textile firm Shri Lakshmi Cotsyn, announced an investment of Rs 1,300 crore to expand their production capacity. The company which is headquartered in Noida, manufactures terry towels, denim fabric, bed linen, cotton fusible interlining and technical textile products.

According to the company sources, majority of the investment will go to terry towel production and rest of them will be utilized for the expanding the capacity of their yarn spinning operations.