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Sanathan Textiles Limited ( (IN:SANATHAN) ) has provided an update.
Sanathan Textiles Limited has commenced commercial production at its new state-of-the-art manufacturing facility in Wazirabad, Punjab. This marks a significant milestone in the company’s expansion strategy, with the facility initially producing 350 tonnes per day and expected to ramp up to 700 tonnes per day in the coming months. The Punjab facility will eventually contribute 950 tonnes per day, increasing the company’s total yarn-manufacturing capacity significantly. The new facility will focus on green manufacturing and the North Indian market, while the Silvassa plant will continue to serve both domestic and export demands. This strategic expansion reaffirms Sanathan Textiles’ commitment to operational agility and long-term value creation for stakeholders.
More about Sanathan Textiles Limited
Sanathan Textiles Limited operates in the textile industry, focusing on yarn manufacturing. The company is expanding its operations with a new facility in Punjab, which emphasizes green manufacturing practices and caters to the North Indian textile market. Its existing facility in Silvassa serves both domestic and export markets, leveraging its proximity to western ports.
Average Trading Volume: 9,599
Technical Sentiment Signal: Strong Buy
Current Market Cap: 42.94B INR
Learn more about SANATHAN stock on TipRanks’ Stock Analysis page.