Winsome Textile Industries Ltd. as a further progressive move to expansion has successfully started commercial production of its new spinning unit located at Village Kaundi, Baddi, Distt. Solan in Himachal Pradesh, with effect from November 15, 2013.
The new spinning unit has the capacity of 41,088 spindles. By considering this expansion, the company shall have the benefit of economies of scale with efficient quality control and also have more value-added products in its supply chain. That positive initiative will efficaciously contribute to operational efficiency, reduction in cost and thereby augment overall growth of the company in terms of customers’ satisfaction and wealth maximization. The company has reported a standalone sales turnover of Rs 98.52 crore and a net profit of Rs 6.96 crore for the quarter ended Sept. 2013.
