ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Meeting Challenge with Some Aid

Meeting Challenge with Some Aid Hansavivek NATIONAL RAYON CORPORATION has undertaken a large programme of modernisation, expansion and diversification. Having completed the first phase of modernisation programme, it has now taken up the second phase involving a capital outlay of about Rs .six crore. This covers key areas of the company's operations .such as rayon textile plant, caustic soda and sulphuric acid plants and utilities. A major part of the programme is expound to be implemented during this year. The company has received industrial and capital goods import licences for expansion of nylon tyre cord fabrics capacity from 1.650 tonnes to 2,805 tonnes per annum. Installation of the necessary equipment will be completed around September this year. Total capital investment for this programme is estimated at Rs 3.30 crore. The company has also received import licence for one draw twister required as balancing equipment for nylon division.

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