Maral Overseas has announced setting up a spinning unit of 18864 spindles for producing yarn at an estimated outlay of Rs. 122. 94 crore. This unit is expected to commence production in F.Y. 2023-2024. The company has also announced setting up of new unit for the Garment business at Noida with estimated outlay of Rs. 14.93 crore. This unit is expected to commence production in second quarter of 2022-23.