Sri Ramakrishna Mills Approves ₹60 Crore Spindle Expansion

Sri Ramakrishna Mills approved a ₹60 crore expansion, adding 17,472 spindles and 768 rotors over 15 months. Manufacturing capacity will rise from 32,208 to 49,680 spindles, while daily production increases from 5,750 kg to 13,234 kg, funded by debt and internal accruals to meet FTA-driven demand.