Birla Cotsyn (India) Limited

Birla Cotsyn to set up integrated textile unit

Birla Cotsyn (India) Limited, a part of the Yash Birla Group (YBG), has made announcement that the company has decided to build an integrated textile unit estimated at a cost of Rs3.2 billion at its facilities in Khamgaon, Ghatanji and Malkapur. 

The company has inked an MOU with 5000 farmers. This will facilitate the farmers of the Vidharbha region to get good prices from the industry than to depend upon the intermediaries.

According to the reports, the textile project at Malkapur will get additional fiscal benefits over the coming seven years.