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AIL rated one of the fastest growing companies

14
Jun '07
Abhishek Industries Limited (AIL), is rated one of the fastest growing companies of the country. To be globally competitive and to meet the ever-increasing demands of the customers the company has taken initiatives to expand and optimise its existing capacities.

The various expansion projects will increase the capacities of all the divisions in a phased manner. Rajinder Gupta, CEO and MD of the Trident Group said, “In the textile industry increase in capacity would be incorporated by installation of additional looms and modernization cum balancing of yarn and towel manufacturing facilities. This would augment the production of Terry Towel and Yarn by 22% and 76% respectively."

"On the anvil is an investment of Rs 2130 million for expansion of manufacturing capacities of Terry Towel and modernization cum balancing of Yarn & Terry Towel manufacturing facilities. The target for completion of the project is December 2007.Whereas in Yarn the project for installation of 96000 spindles is at a preliminary stage and requires an investment of Rs. 3270 million.”


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