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November 14, 2026
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Mohan Spintex Announces ₹729 Crore Investment in Integrated Terry Towel Manufacturing Unit in Andhra Pradesh

New facility at Mallavalli to have 80-tonne-per-day processing capacity and generate employment for approximately 1,500 people

Mohan Spintex India Limited has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish an integrated terry towel manufacturing facility at Mallavalli, marking a significant investment in the state’s textile manufacturing sector. With a proposed investment of ₹729 crore, the project is expected to strengthen Andhra Pradesh’s position as an emerging destination for large-scale textile manufacturing while expanding the company’s presence in the terry towel segment.

The MoU was signed on behalf of Mohan Spintex India Limited by Director Gottimukkala Ravi Kumar and President – Operations & Projects Leela Krishna, in the presence of Andhra Pradesh Industries Minister T.G. Bharath and Director of Industries Shubham Bansal. The proposed facility will have a processing capacity of 80 tonnes per day and is expected to create employment opportunities for approximately 1,500 people, providing a boost to regional industrial development and the local employment ecosystem.

The proposed investment reflects the growing interest in strengthening India’s domestic textile manufacturing capabilities through integrated production facilities and large-scale industrial investments. With its planned terry towel manufacturing unit, Mohan Spintex aims to contribute to the expansion of value-added textile production in the country. The project is also expected to support the broader industrial ecosystem in Andhra Pradesh through employment generation, ancillary business opportunities and increased manufacturing activity. Once implemented, the facility could become an important addition to the state’s growing textile industry.

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