Apparel and Textile News
Ministry of Textiles News
17 Textile Mills Shut Over Past One Year
Seventeen cotton and man-made fibre textile mills across eight states were closed down between June last year and May this year. “The major reported reasons for closure include financial problems due to inadequate working capital, insufficient cash flow, increase in cost of product, squeezed profit margin, stressed assets etc.,” minister of state for textiles, Ajay […]
appareladmin- July 23, 2016
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