Trident Ltd, leading home textile player starts commercial production at expanded capacity

29th July 2021,Mumbai:

Trident Ltd, leading home textile and one of the largest integrated home textile manufacturers in the world starts commercial production at its expanded yarn segment.

This capacity addition has come up with an investment outlay of Rs 338 crore which is slated to consolidate the position of the Ludhiana-based,Punjab company in textile sector.

Consolidated capacity

Incremental capacity to the tune of 61,440 spindles and 480 rotors including other balancing equipment to its existing capacity of 5,27,808 spindles, 6,984 rotors and 160 air jet looms. 

 Watch: https://www.youtube.com/watch?v=efbR-uquUxk

How did it go about accomplishing this tall order

The company raised Rs 253 crore through external borrowings and remainder ₹85 crore comes out of internal accruals.

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