Trident commences production of Bed-Linen

Image
Capital Market
Last Updated : Sep 23 2015 | 2:28 PM IST

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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 23 2015 | 1:16 PM IST

Next Story