Textiles,Textiles sector projects by National Textile Corporation Limited in
Project Information
5356
National Textile Corporation Limited
National Textile Corporation (NTC) Has Entered Into The Readymade Garments Business. Starting With The Menswear Range, NTC Plans To Launch 300 Retail Stores Through Franchise Network By End Of March 2015. The Corporation Expects To Spend About Rs125 Crore Towards The Retail Stores And Some Rs 20 Crore On Advertisements During The Next Two Years. The Corporation Plans To Set Up Its First Retain Branded Garments Store In Hyderabad And Then Expand To Cities Like Bangalore, Chennai And New Delhi, And Then Spread To About 90 Tier-I And Tier-II Cities Over The Next Couple Of Years. NTC Would Invest About Rs 500 Crore To Set Up Its Spinning And Weaving Composite Unit In Andhra Pradesh And The Company Is Currently Scouting For Suitable Land Of About 25 Acres Near Guntur And Eluru. National Textile Corporation Is A Company Owned By The Indian Government.
Project Value
Refer document
Conceptual Stage
Not Specified
India
Textiles,Textiles
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