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The third spinning unit of Din Textile Mills located at Bypass Raiwind Road some 3.5 kilometers off here became operational. A press release issued here on Sunday said S. M. Naseer, senior director, Din Textile Mills, directors S.M. Tanveer, S.M. Naveed and S.M. Imran were also present on the occasion. Speaking on the occasion, S.M. Naseer said the unit established at a cost of $20 million and would produce high quality compact yarn used for the production of apparels in line with the demand of fashion industry in Europe.
He said annual exports has been projected at $18 million and state-of-the-art machinery installed at the unit would help to cater the quality-related requirements.-PR

Copyright Business Recorder, 2005

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