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    Changyuan Textile Invested 2 Billion 160 Million Yuan In Poyang

    2010/10/25 11:54:00 45

    Changyuan Textile

      

    October 15~16,

    Jiangxi Province

    Poyang County group went to Changle city of Fujian province for inspection and business invitation. It signed a total investment of 2 billion 160 million yuan with Changle Changyuan Textile Co., Ltd., and a letter of intent to build 1 million spindles.


    It is reported that the 1 million spindles built by Fujian Changle Changyuan Textile Co., Ltd. invested 2 billion 160 million yuan.

    project

    It will be located in the industrial park of Poyang County, with a total area of 1600 mu. The project will be invested in five phases. The first phase will invest 500 million yuan to build 200 thousand spindles of worsted medium high yarn production line, 400 acres of construction land, and start construction at the end of this year, and put into operation in 2011.

    The whole project was completed in 2015, and the main production was tight.

    High end textiles

    After the completion of the project, the annual output value will exceed 3 billion yuan and provide more than 3000 jobs.


    Supplement:


    India exporters have asked the government to intervene in the India rupee, which is constantly revalued. Because of the appreciation of rupees, it is difficult for exporters to keep their profits unaffected.


    Delhi Exporters Association (DEA) said, "now the market situation is very grim, rupee has appreciated to 44 rupees against the dollar, causing panic in the industry.

    The exporter doesn't know what to do because they have already ordered the order. "


    The association said: "we have booked the order some time ago, when the exchange rate was 46 rupees to one dollar.

    We face a lot of difficulties in getting orders, because the economic slowdown in the US and Europe is slowing down.


    "Besides, there is competition.

    A few months ago, exports began to recover, but the India rupee appreciated against the US dollar, making the situation worse.


    If rupees continue to appreciate, some enterprises' textile exports may fall by 10%.

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