Shri Govindaraja Textiles is planning to move its operations to Eden and create 84 jobs over the next three years. The company plans to invest more than $40 million. McCroy, Governor, North Carolina said, “We’re committed to increasing the number of jobs through international cooperation. With a strong labor force and proximity to cotton-growing regions and ports, Shri Govindaraja Textiles will succeed in North Carolina.”
SGR Textiles was incorporated in 1999 as a part of the Shri Govindaraja group, which is a part of the larger Sri Jayavilas group. The company is one of the largest spinning groups in India, with 1.1 million spindles and 35,000 employees.