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Trident begins commercial operations for yarn segment

Thursday, 29 Jul 2021
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Trident has expanded its yarn segment and also commenced commercial operations under the same. The existing capacity is 5,27,808 spindles & 6,984 rotors and 160 air jet with a capacity utilisation of 84 percent in FY21. 
The company has added a capacity of 61,440 spindles and 480 rotors including other balancing equipment. The commercial operation of the project is from 27 July 2021. 
The company has made an investment of Rs 338 crore in the project with external borrowings of Rs 253 crore and internal accruals of Rs  85 crore. 
The capacity addition will further strengthen the position of the company in the Textile sector.
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