Ramco Fabrics, a division of Rajapalayam Mills Ltd. and part of Ramco Group, has announced to set up a yarn dyeing and weaving plant in Rajapalayam in Tamil Nadu in order to produce dyed Greige Fabric.
P.R Venketrama Raja, Chairman, Ramco Group stated that, “As part of the forward integration plan, we are setting up this new unit and it will be operational by the second quarter of 2019-2020.”
The new unit requires an investment of Rs 250 crore and will have an initial production capacity of 10 million meters of Greige yarn dyed fabrics per annum. In addition to this, the new facility will also cater to fibre dyeing needs of Ramco Melange products.
A.V. Dharmakrishnan, Director, Rajapalayam Mills said, “There was a need for a new unit since many of our customers used to buy high count yarn from us and give it for weaving. Instead they requested us to provide value added product to them so that they can get woven yarn of consistently quality. For Ramco it is a value added step towards forward integration and for the customers, they get consistent quality of weaved yarn.”