Abhishek Industries Limited (AIL, part of the Rs1,500 crore Trident Group)
commissioned its new terry towel plant at Barnala, Punjab. AIL's new plant,
claimed by the company to be country's most modern thatr has propelled AIL
amongst the top-five terry towel manufacturers in the world.
unit, inaugurated today, marks completion of the phase-1 of AIL's expansion
under which capacity of 14,300 tpa has been added to the existing 8,700 tpa
taking the total capacity to 23,000 tpa. Set up at a cost of Rs225 crore,
the fully automated unit has resulted in additional employment to the tune
of 2000, making AIL the largest single employer in the region.
the on-going expansion Abhishek Industries has ambitious plans to emerge the
largest integrated producer and exporter of terry towels in the world. It
also plans to substantially increase its market coverage from across 34 countries.
"The capacity expansion has been timed by us to coincide with the lifting
of the quota
system that constrained growth in exports. We are now fully geared to take
advantage of the newly open global markets", says Rajinder Gupta, MD