Trident commissions open end yarn spinning expansion project

Trident Ltd. | Textile - Spinning | Textiles & Apparels | BSE: 521064 | NSE: TRIDENT

16 Jul 2014 Evaluate

Trident, the flagship company of the Trident Group, has commissioned an open end yarn spinning expansion project on July 15, 2014, having manufacturing capacity of approximately 10,000 TPA of cotton open end yarn for meeting its yarn requirement for the terry towel unit in Budni.

The company has yarn manufacturing facilities at Sanghera in state of Punjab and Budni in state of Madhya Pradesh with total 3.66 lakh spindles and 3,584 rotors. Apart from the existing capacities of yarn manufacturing, the newly commissioned open end yarn spinning project at Budni now adds another 1920 rotors to its capacities. Trident commissioned the project within the envisaged cost and time schedule.

With an investment of Rs 60 crore on this expansion project, Trident has stepped forward towards self-reliant manufacturing processes as this open end yarn spinning project will serve the purpose of meeting its yarn requirement for the terry towel unit in Budni.

Trident is the flagship company of Trident Group with its array of customers spread across 75 countries. Trident is a leading manufacturer of Terry Towels, Paper, Yarn and Chemicals. The company has emerged as one of the largest manufacturers of terry towels and wheat straw based paper manufacturers in the world.