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Vertex on expansion drive
NEW DELHI: Textile firm, Vertex Technosoft, has informed the Bombay Stock Exchange that it would invest Rs. 50 crores for expanding its spinning facility for manufacturing acrylic yarn. The company has tied up with a South Korean firm for the expansion, which envisages an investment of Rs. 50 crores. At present, the company has a manufacturing capacity of 30,000 metric tonne per year of acrylic yarn, Vertex Technosoft (Clothing Division), CEO, Suresh Sharma, said.
PTI
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