Nakoda is one of the largest manufacturers of polyester yarn and has been processing fully drawn yarn, partially oriented yarn (POY) and textured yarn for a number of years. The INR 2340 million investment was in manufacturing additional specialty products, allowing them to produce the entire range of polyester yarns.
We assisted Nakoda with detailed technical economic feasibility studies prior to commencement of the expansion project located in Karanj, in Gujarat's Surat district and then acted as detailed design engineer. We also supported Nakoda during the development of their 400 tonne per day captive power plant.
Benefits and value
As a result of the project there has been an increase in spinning capacity from 90,000 tonnes per year to 140,000 for the domestic and international markets.
Surat in south Gujarat produces around 60% of the country’s total synthetic yarn and Nakoda has emerged as a key manufacturer and trader of POY, polyester textured yarn and polyester filament yarn.