Spinning mill in Andhra Pradesh, India for sale.
- Asking Price: ₹ 190 crores (32.1 Million USD). - Operational since 2010, in excellent running condition with no labour shortage. - Product: Compact yarns in count ranging from 30s to 60s with 65-70% production earmarked for exports. - Spinning capacity 26880 spindles. - Power Tariff Subsidy from State Government until 2016. The net effective power tariff ₹ 2.75/- per unit. - Industrial buildings area: 200,000 Sft, non-industrial buildings area: 160000 Sft.
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