Home / Knowledge / News / Textiles / Abhishek commissions Terry Towel expansion project
Abhishek commissions Terry Towel expansion project
05
Jan '10
Abhishek Industries Ltd announced the commissioning of its new towel unit under Textile Park at Dhulia, Punjab.

The new unit has been commissioned under the Textile Park being developed by Lotus Integrated Texpark Limited, a special purpose vehicle promoted by Trident Group under the scheme of Integrated Textile Parks (SITP) of Government of India.

This new unit is part of expansion programme of AIL's terry towel division which envisaged upgradation of 18 looms and installation of 24 new looms. With completion of this expansion, the total production capacity of the Terry Towel division of AIL has increased 374 looms.

The project has been completed with a capital outlay of Rs. 359.8 million and commercial production on the new facilities has been started with effect from January 2, 2010.

With addition of new manufacturing facilities, AIL would be able fo focus more on value added products for niche segment of high end European and Domestic market. The same will results in increased revenue of terry towel business and better operational margins.

The Trident Group is a dynamic and continuously growing group of companies creating a buoyant economic climate focused on generating economic prosperity for the stakeholders, while growing harmoniously with the community and environment. Leveraging business from an expanding product portfolio, Abhishek Industries Limited, the flagship company of the Group is one of the largest towel manufacturers of the world, one of the world's largest agro-based paper manufacturers and one of the largest yarn producers in India.

Abhishek Industries Ltd

Must ReadView All

Apparel/Garments | On 26th May 2017

PVH Corp Q1 2017 revenue rises 4%

The first quarter revenue of fiscal 2017 at apparel marketer PVH Corp ...

Courtesy: Levi Strauss & Co

Apparel/Garments | On 26th May 2017

LS&Co. to fund water saving solutions

LS&Co. will fund to the tune of more than $350,000 the solutions...

Apparel/Garments | On 26th May 2017

Christian Dior, Nike top apparel companies - Forbes

Christian Dior, Nike, and Inditex have topped Forbes' 2017 Global...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search