Surat-based textile company The Baroda Rayon Corporation has signed an MoU for 15,000 TPA (Tonnes Per Annum) viscose filament yarn and 6,600 TPA caustic soda production in Dahej. The MoU was signed recently ahead of Vibrant Gujarat summit.
Incorporated in 1958, the company offers a variety of yarns including viscose filament yarn, nylon yarn, polyester yarn, nylon tyre cord and much more.
The MoU holds relevance considering the company management has temporarily kept suspended all manufacturing activities since last 13 years.
More details of the MoU are awaited, which will be updated here only.
It is important to mention here that the Gujarat Government is geared up for the upcoming Vibrant Gujarat Summit, which is scheduled to take place from 10 to 12 January 2022.
To motivate the industry to come forward and invest, the State Government recently organised a seminar ‘Weaving Growth For Textiles’ in Surat.