Hyosung Corp to set up spandex unit in Maharashtra

Hyosung Corp of Korea is planning to set up a spandex manufacturing unit in the state of Maharashtra. The company has signed an MoU with the state government for allocating 100 acres of land to develop the first mega project on the Delhi-Mumbai Industrial Corridor (DMIC). The company plans to invest Rs 3,000 crore is expected to complete the project and commence production in May 2019.

Company Profile : Hyosung Corporation India Pvt Ltd

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