The Rs. 1,250 crore FDY Yarn expansion project at Garden Silk Mills Private Limited (GSMPL) marks the beginning of a period of rapid progress in the textile sector by The Chatterjee Group (TCG) under the leadership of its visionary Chairman, Dr. Purnendu Chatterjee. With its state-of-the-art manufacturing plant at Jolwa, producing high quality polyester chips, POY, FDY and other specialty yarns, and the iconic Garden Vareli brand having a contemporary collection of sarees and dress materials, the Chatterjee Group, that has investments of USD 8 billion globally, is truly creating the Garden of Tomorrow.
TCG plans to become a key player in the PTA-Polyester Downstream segment, with GSMPL and MCPI expanding their presence. MCPI supplies high-quality PTA at competitive prices to support GSMPL’s yarn business. TCG has invested in new facilities, 220 KVA electricity connection, and hybrid renewable power to reduce its carbon footprint and enhance operations.
Dr. Purnendu Chatterjee’s vision and leadership have led to a diversified portfolio of TCG, with a global footprint. With a track record of strategic investment of around $8 billion in the USA, Europe, and South Asia, TCG covers sectors like petrochemicals, life sciences, IT, real estate, and fin-tech. D.P.Patra, Whole Time Director and CEO, MCPI stated, “We at MCPI and GSMPL are committed to realize the strong textile vision of Dr. Purnendu Chatterjee, Chairman, TCG”.
