MARKET & ECONOMY​

“We offer value enhancing quality products and not cheap ones”: Shujaul Rehman, Chief Executive Officer, Garware-Wall Ropes Ltd (GWRL) is never tired of repeating this phrase time and again.

Uttar Pradesh-based GHCL, a leader in home furnishings, plans capacity addition and wants to move focus from exports to the burgeoning home textiles market even as textile manufacturers continue protests over GST.

The Maharashtra Government will develop an integrated textile park on the sprawling 345 hectare of land in Malegaon. The Government took a decision to hand over the land to the Maharashtra Industrial Development Corporation (MIDC).