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Foundation stone laid for spinning & sheeting unit at Budhni

Tuesday, 10 Sep 2013

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On 7 September 2013, Trident announced laying of the foundation stone for its two spinning and sheeting units at Budhni in Madhya Pradesh.

The company will install in a phased manner, 1.76 lakh spindles and 500 looms with an investment of Rs 1,667 crore.

The project, likely to be operational by September 2015, will manufacture around 40,000 tpa of additional cotton yarn and value added varieties and 50 million mtr of sheeting per annum.

Further, Trident Corporation, also announced laying of the foundation stone of its open end yarn project at the same location. The unit, with a capacity of 1, 920 rotors, will entail an investment of Rs 60 crore. Completion is scheduled for June 2014.