Trident Group has announced expansion of its spinning capacity. The company will be investing Rs. 1, 140 crores towards installation of 1,62,432 spindles & 3,600 rotors including other balancing equipment to manufacture approximately 48482 TPA of 100% cotton yarn at its existing plant in Budni, Madhya Pradesh.
Trident’s existing capacity is 5,43,744 spindles and 6,464 Rotors. The current capacity utilisation is 99%. The proposed project is expected to begin commercial production by January 2021.
The new project will help to strengthen the existing home textile business of Trident Group and shall further increase the company’s market presence.