Related Keywords: conversion of fibre into yarn, deal to enhance spinning capacity of the company, entered into a lease agreement, Lambodhara Textiles, operates a yarn producting mill, set to commence from November, specializing in synthetic yarns, Suriya Spinning Mills Unit B and Sri Akkamma Textiles, textile business, utilize their spare capacity of spindles
Lambodhara Textiles engaged in textile business operates a yarn producting mill specializing in synthetic yarns has entered into a lease agreement with Suriya Spinning Mills Unit B and Sri Akkamma Textiles to utilize their spare capacity of 3,024 spindles and 6,048 spindles respectively, for conversion of fibre into yarn.
This deal will enhance the spinning capacity of the company and will have an impact on its overall performance. The conversion of fibre into yarn is set to commence from November.
