At its integrated Bed-Linen project in Budni, Madhya Pradesh
Trident announced that it has commenced production at its integrated Bed-Linen project of 500 looms capable of producing 43.2 million meters of bed-linen per annum and 1.90 lakh yarn spindles for captive consumption at Budni, Madhya Pradesh.The said project involves a capital investment of Rs 1667 crore and it will add potential revenue of Rs 1200 crore at optimum utilisation. The technology is expected to be stabilised by Q4 of FY16. The Company expects to achieve 50-60% utilisation by FY17.
Post this expansion, the total capacity of the Company's textile division is 688 looms of terry towel, 500 looms of bed linen, 5.55 lakh yarn spindles and 5504 rotors of cotton and blended yarns.
Powered by Capital Market - Live News