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Trident
launches Rs. 1,200-crore
expansion plan
corporate news
The company commenced terry
towel manufacture with a 66 loom
capacity in 1998-99, which in-
creased to 388 looms by 2010-11.
It strengthened its spinning capacity
from 17,280 spindles in 1993-94 to
224,448 spindles in 2010-11. These
consistent capacity investments bal-
anced the company’s spinning and
weaving capacities, enabling it to
meet the growing customer needs.
The revenues of Trident’s textile
business amounted to Rs. 2,237.53
crores in 2010-11, of which home
textiles accounted for 43.6 per cent.
The company has an installed
capacity of 2,24,448 spindles and
1,920 rotors. It specialises in a wide
range of yarn products. While a por-
tion of yarn is consumed captively
for the manufacture of terry towels,
the rest is sold in the domestic and
Trident Ltd., formerly
Abhishek Industries,
has embarked on a Rs.
1,200-crore expansion
plan which will be imple-
mented by 2013. One of
the world’s largest terry
towel manufacturers and
yarn spinners in the
country, the company is
exporting its products to
over 20 countries, includ-
ing the US, Europe, Aus-
tralia and New Zealand.
Mr. Rajinder Gupta, Managing Director
By K. Gopalakrishnan
62
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The Textile Magazine
DECEMBER 2011