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.
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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.
A delegation of Chinese Textile Company, Zhejiang Daoqin Textile Co Ltd has expressed interest in setting up of a textile industry in the Sitarganj Pase-II industrial estate in Uttarakhand State for which it would be making investment to the tune of Rs 600 crore. In this connection, a delegation of the Chinese textile company met Chief Minister Harish Rawat.
In a textile unit, performance in some areas often remain unreported and thus goes unnoticed by the top management. Such areas are discussed by S Srinivasan, Retired Director (Operation), Bhojraj Ind Plc.
Many textile mills in India operate with a slender margin and thus there is a dire need to control various relatively smaller costs in a competitive environment where selling price is determined largely by the market. The utilisation of raw material, energy, labour and machinery are critical and hence always reported in comparison to the industry norms.