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TT completes two Hi-Tech world class garment manufacturing projects in FY19

10 Apr 2019 Evaluate

TT has completed two Hi-Tech World Class Garment manufacturing Projects at Avinashi (Tamil Nadu) and at Gajroula (Uttar Pradesh) during the Financial Year 2018-19. These plants have been installed after modifying existing Spinning Mills buildings. Both plants have been approved for social compliance (SEDEX and WRAP) and as such now able to attract World giant garment importers on the strength of required compliance conditions for placing orders. High Tech World Class plants have been installed and quality systems have been put in place.

Both these plants are eligible for Tuff Subsidies and State Government incentives presently in force for apparel industry. This would further reinforce company’s focus on garment productions, domestic sales and exports.

TT is engaged in the manufacturing of combed cotton yarn, carded cotton yarn and knitted fabric cloth. The company is also engaged in the manufacture of undergarments, which were marketed under the brand name TT.

T.T. Share Price

8.49 -0.36 (-4.07%)
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Peers
Company Name CMP
Welspun Living 124.40
Vardhman Textiles 555.00
Arvind 386.20
K.P.R. Mill 926.30
Page Industries 38172.05
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