Project At Glance

Project At Glance

Nature of Activities planned within the Textile Park:

The proposed site is located in PadamatiKandriga and MannarPolur Villages of SullurpetMandal in SPSR Nellore District, Andhra Pradesh State and is about 2 Km away from the NH-5. The proposed site is well connected with major road/ rail/ air links which are within 100 Km distance.

Type of Unit No.of Units Total Annual Production
  Spinning & Weaving 5 8.58 Million Kgs of Spun Yarn; 9.36 Million Mtrs of Fabric
  Warping/ Sizing    &Weaving 2 3.75 Million Mtrs of Fabric
 Weaving 1 1.87 Million Mtrs of Fabric
  Knitting  &Garmenting 1 1.87 Million Mtrs of Knitted Fabric; 0.47 Million Pieces of Garments
  Readymade Garmenting 1 0.47 Million Pieces of Garments
   Total 10

Project Cost/ Investment :

Based on the block estimates for the various facilities proposed in the Park, the aggregate investment in the project is estimated at about Rs. 338 crore which includes overall investment in plant and machinery of Rs 223 crores.

S.No Name of the Component Amount(Rs. crore) Share (%)
1 Common Infrastructure (Utilities) 39.89 11.8%
2 Common Facilities (Amenities) including Equipment for Testing/ Trainingetc 10.75 3.2%
3 Factory Buildings 52.80 15.6%
4 Land 2.57 0.8%
5 Financing, Legal, Pre-operative, IDC, Design/ Engineering fee & Other expenses 8.76 2.6%
6 Plant & Machinery 223.00 66.0%
  Total 337.77 100.0%

Investment Proposed :

Means Of Finance
S.No Sources Amount(Rscrore) Share(%)
1 Promoters Equity 95.47 28.3%
2 Grant under SITP,GoI 40.00 40.00
3 Term Loans 202.30 202.30
  Total 337.77 100.0%
Estimated Employment Direct Employment - 2,275 Indirect Employment - 750
Estimated Production/ Sales The combined sales turnover of all the units in the Park would aggregate to Rs. 356crores per annum