Arvind Ltd Starts New Facility to Manufacture Glass Fabric

AHMEDABAD: After quelling labour unrest that inflicted a loss of Rs 41 crore to the company, textiles company Arvind Ltd on Thursday commissioned a new manufacturing facility to manufacture glass fabrics in India.

A JV formed with German company PD Fibre Glass Group, facility is situated at Santej, 40 kms off city.

The JV formed in December 2011 has 51:49 equity paticipation and will cater to the requirements of energy, automotive and infrastructure sectors.

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600450 Arvind Ltd Starts New Facility to Manufacture Glass Fabric glassonweb.com
Date: 4 September 2012
Source: www.economictimes.indiatimes.com

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