Nakoda starts yarn production in South Korea
Moneylife Digital Team 07 September 2010

Nakoda Ltd, formerly Nakoda Textiles Industries Ltd, has started production at its plant in South Korea.

The Korean unit has a capacity to manufacture 150 tons per day (tpd) of fully drawn yarn, 90 tpd of partially oriented yarn and 60 tpd of polyester chips.

On Tuesday, Nakoda shares ended flat at Rs14 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.5% to 18,645 points.

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