T T to exit spinning
T. T. Limited has been successful in disposing off company’s spinning machinery earlier located at Gajroula (Uttar Pradesh) and Avinashi (Tirupur, Tamil Nadu).
is looking for a suitable outright
buyer for its spinning facility. The company has already extended invitation to possible buyers and is about to start dealings. T.T. Limited is now concentrating and focusing on its fabric, garments – innerwear, outerwear and its retail business.
It is also testing its strength in new fields such as bulk transportation, packaged foods and building up an import line as well. It is only because of such new initiatives that company has been able to overcome and reduce otherwise heavy losses.
CATEGORIES Apparels & Garments