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Alok Industries post a net loss of Rs 5 billion in Q4
After reporting a net profit of about Rs 17.9 billion in Q4 last year, Alok Industries, a well-known textile firm, has reported in its regulatory filing a net loss of Rs 5 billion in the current Q4 ending on March 31st, 2021.
Indian firm to set up textile plant in Zim
One of India's biggest and international acclaimed textile firms, Shreejikrupa Spinners is considering investing over $40 million towards setting up a plant in Bulawayo soon.
Kabwe poised for second textile firm
Kabwe, a capital of Zambia, is poised to have a second textile firm, which is envisaged to create over 2,000 jobs for the local people once completed.
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