Nortex invests P3m to boost capacity

Friday, July 17, 2015

Nortex Textile Managing Director Mukesh Josh..Pic Keoagile Bonang

FRANCISTOWN: In a bid to sustain growth, the country’s largest towel manufacturer, Northern Textiles (Nortex) has announced that it will invest P3 million on machinery.

This was said by the managing director, Mukesh Josh in an interview this week.

“We currently produce six tonnes of towels a day and our plan is to increase production to 6.5 tonnes in the current financial year, which began this month. We will not necessarily be growing the company, but we are maintaining growth,” said Josh, adding that the P3 million will be from the company.

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Nortex invests P3m to boost capacity

FRANCISTOWN: In a bid to sustain growth, the country’s largest towel manufacturer, Northern Textiles (Nortex) has announced that it will invest P3 million on machinery.