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Home > Trade News > Lakshmi Mills provides VRS for Coimbatore unit
Lakshmi Mills provides VRS for Coimbatore unit
 
Lakshmi Mills provides VRS for Coimbatore unit
Lakshmi Mills Company Ltd has informed that a Voluntary Retirement Scheme has been given effect to and hence the Coimbatore Unit is not in production from December 18, 2008.

It is started keeping in mind the recessionary trend in the market and considering the condition of the machinery in the Coimbatore Unit. The installed capacity of this unit is 31968 Spindles and 114 Looms.

The Palladam Unit has an installed capacity of 56112 Spindles of which 46608 spindles are fully modernized and are running on cotton and Modal. The Kovilpatti Units total installed spindlage of 62928 are running on polyester cotton.

Posted On : 12/31/2008 11:46:10 AM

 
 
 
Lakshmi Mills provides VRS for Coimbatore unit