MARKET & ECONOMY​

Karnataka Heavy Industries Minister KJ George said the state government would assist Sutlej Textiles Ltd in setting up its unit in Chamarajanagar district at a cost of Rs 786 crore. The textile making unit is being set up at Badanaguppe and Kallambahalli villages of Chamarajanagar district, about 180 km southwest of Bengaluru.

The annual event, presented by Aditya Birla for the last five years, has become an exciting, knowledge-sharing platform for manufacturing professionals in plant operations, production management, quality control, technical and engineering and human resource.

The caustic soda prices in India moderated during the quarter led by temporary softening in global caustic soda prices. The underlying demand from the user industry (alumina and textile) continues to remain buoyant.