In Phase 1, the plant has commissioned a Continuous Polymerisation (CP) line with an initial production capacity of 350 tonnes per day. This is expected to gradually increase to 700 tonnes per day over the next three to four months.
Manufacturing News
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The new platform, www.bpt.cditproject.org, was developed by the Board for Public Sector Transformation (BPT) with technical support from C-DIT. It will enable textile units to market and sell products through e-bidding and e-auction.
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Textile companies witnessed their shares rise up to 9% after the announcement of the waiver of the 11% import duty on raw cotton until 30th September as a response to the tariffs imposed by the US.
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His efforts significantly expanded business opportunities for machinery companies while making the latest technology accessible to small and emerging manufacturing hubs, particularly in semi-organised and unorganised segments of the apparel industry.
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It confirmed that applications are being invited from companies in the MMF (man-made fibre) apparel, MMF fabrics, and technical textiles segments. The statement noted that all previously notified terms and conditions will continue to apply for the new application window.
