Published On:May 23 2018
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Teejay Lanka doubles capacity of India plant with $15 m expansion.
Teejay Lanka, one of the region’s largest textile manufacturers, has announced a doubling of capacity of its Indian mill, following the completion of an expansion project involving an investment of $ 15 million (more than Rs. 2.3 billion at current rates).
Located within the 1,000-acre Brandix India Apparel City (BIAC) in Vizag, Andrapradesh, Teejay India is now capable of manufacturing up to 42 million metres of Weft knitted fabric annually using state-of-the-art machines for knitting, dyeing, finishing and inspection, the company said. The expansion entailed the installation of state-of-the-art machinery for knitting, dyeing, finishing and inspections as well as fully-automated Packing Machines, a Lab Dip Dispenser for Colour Service and a chemical dispensing system. These can produce 12,500tons of fabric a year.
The expansion has also generated additional employment opportunities for up to 276 people, the company disclosed.
Commenting on Teejay India’s expansion, the company’s Deputy CEO Pubudu De Silva said: “We now have a remarkable new facility in India which is one of the best in BIAC and sends a clear message that Teejay is a global company which believes in high standards of production, and is ready to take on more orders. The decision to expand despite tough market conditions is likely to be one of the best the Company has made, as it equips Teejay to tap into the broader Asian and expanding EU business.
The formal opening of the expanded Teejay India manufacturing plant took place recently with the participation of senior management of Teejay operations in Sri Lanka and India, major shareholders Brandix and Pacific Textiles of Hong Kong and representatives of key customers.