Trident shuns off Phase - II of yarn spinning expansion project

Trident has decided not to undertake Phase - II of yarn spinning expansion project involving setting up of 134,448 spindles and 2,040 rotors, for the time being. The company has taken this step due to changing global economics and the strategic need to consolidate for future growth.

Trident is the flagship company of the Trident Group. It 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.