Objectives
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The purpose of the project is to consume the left over waste of cotton ginning industry to produce useful raw material for next processes. The proposed facility aims to consume waste of cotton spinning industry in the form of card fly and dropping to convert it into valuable market product.
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The project would enhance the competitiveness of ginning and spinning industry of this region. It will also create job opportunities for the people of less Developed Areas.
Achievements
M/s: Spun Yarn Research and Development Company Pvt Ltd has increased its capacity from 3 frames to 8 frames in 2019-20 with private sector investment.
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Company rained over 2500 employees
during last 10 years
M/s: Spun Yarn Research and Development Company Pvt Ltd has given direct jobs to over 174 persons in 2024-25
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M/s: Spun Yarn Research and Development Company Pvt Ltd has introduced recycled yarn in local market and has achieve a "Green Status" next year
Company earned Gross profit of Rs 6.416 (M) and Net Profit of Rs 1.008 (M) in year 2021-22
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Company paid 10.077 (M) Sales tax & 9.72 (M) Income tax during 2021-22
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Performance
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Currently 214 employees are working on Contract Basis (in 3 shifts).
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All the formalities by SECP are observed strictly
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During last 2 years Company have trained over 500 employees​