Incorporated as a private limited company in 1992, M K Exim (India) was converted into a public limited company in Feb.'95. It was promoted by K L Khanchandani, Daya Ram Khanchandani and Shyam Khanchandani. _x000D_ _x000D_ The company set up an unit at Jaipur to manufacture synthetic fabrics. Commercial production commenced in Apr.'94. It exports most of the production to the middle-east countries. _x000D_ _x000D_ In 1995-96, the company envisaged an expansion-cum-diversification project to augment the total production of synthetic fabrics and to start manufacturing knitted fabrics at Jaipur, for the export purpose. Presently, it has 12 looms to produce synthetic fabric having an installed capacity of approximately 5.30 lac mtr pa. _x000D_ _x000D_ In the expansion-cum-diversification programme, it proposes to double the existing capacity by installing another 12 looms for synthetic fabric and also install 4 knitted fabric machines for its diversification. The total cost of the expansion programme is estimated to Rs.213 lacs._x000D_