Ramco Fabrics will set up a yarn dyeing and weaving plant in Tamil Nadu in order to produce dyed greige fabric. For Ramco this is a value added step towards forward integration and will enable customers to get consistent quality of weaved yarn. The plant, which will be operational by the second quarter of 2019-2020, will require an investment of Rs 250 crores and will have an initial production capacity of ten million meters of greige yarn dyed fabrics per annum. In addition to this, the new facility will also cater to the fiber dyeing needs of Ramco melange products.
Ramco Fabrics is a division of Rajapalayam Mills and part of the Ramco Group. From its beginnings in 1938, Ramco’s textile division has emerged as one of the most successful groups of textile mills to symbolise an entity with a strong commitment to quality, innovation, and customer satisfaction. It has been a pioneer in adopting state-of-the art technology. Today, Ramco’s textile division has a spindle capacity of around 4,00,000 with an annual turnover of around 175 million dollars, deriving 60 per cent of its turnover from exports. The various brands under which the yarn is exported are Shankar, Mahabar, Oscar, New World, Ultima, Delight, Marvel, Elegant and Gemini.