KERALA

Spinning mill modernisation phase I over

Phase 2 work on Cannanore co-operative spinning mills soon

The first phase of the modernisation of the Cannanore Co-operative Spinning Mills Ltd. (CCSML) has been completed, paving the way for the commencement of work on the second phase as part of a project for renovation of the textile sector.

In the first phase, the preparatory wing of the mill had been modernised as part of the renovation project sanctioned by the State government with financial assistance through the National Co-operative Development Corporation (NCDC) to introduce the latest technology and state-of-the-art machinery for improving the production, CCSML chairman Najeem Palakkandy and managing director M.C. Suresh Kumar said.

In the second phase, spinning and post-spinning departments of the mill would be modernised, they added.

The renovation project was estimated at Rs. 13 crore.

They announced at a press conference here on Wednesday that Industries Minister P.K. Kunhalikutty would inaugurate the completion of the first phase of modernisation and Electricity Minister Aryadan Mohammed would inaugurate the commencement of the second phase at a function at the mill at 3.30 p.m. on June 1.

The CCSML, now a public sector undertaking under the State Industries Department, was registered under the Co-operative Societies Act. The mill with an installed capacity of 12,000 spindles had been inaugurated by the then Governor V.V. Giri on April 30, 1964. The company was now running with 20,192 spindle capacity, they said.



Renovation project estimated at Rs.13 crore

Spinning, post-spinning departments to be modernised


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