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Raymond to increase manufacturing capacity to 21 million metres

Raymond plans to increase its manufacturing capacity from 21 million metres to 46 million metres annually. This would be achieved through a new plant at Amravati as well as the existing one at Kolhapur. The company will be investing Rs 450 crores in a new textile unit at Nandgaon Peth in Amravati district in Vidarbha and it will have an annual...