Shri Lakshmi Cotsyn to expand its Kanpur unit

Shri Lakshmi Cotsyn is planning to expand its capacity of its denim and interlining fabric through brownfield expansion at its Kanpur unit. The project cost is estimated at Rs. 9930 million, of which Rs. 6930 million funds have been tied up through mezzanine finance. The project of denim will become 40 million meters and interlining fabric to 25 million meters. The company is also planning to manufacture camouflage clothes and other textile needs for military.