Spinning Unit at Dharuhera, Haryana
As already stated above, the cotton yarn manufacturing has been discontinued and the company is doing job work activities for outside party.
Knitting & Garment unit at Dharuhera, Haryana
The production activities of the Fabric/Garment Division at Dharuhera are going on smoothly. The company is supplying garments for well known brands i.e. Future Group, Reliance Trend, Pantloon Retail, Spencer and Bharti Wallmart etc. Besides, the company is also exporting garments.
Sewing Thread Unit At Kala Amb, Himachal Pradesh
During the year under review, the capacity utilisation has improved as compared to previous year. The company has achieved a turnover of Rs.98.11 Crore from this unit as compared to Rs.87.48 Crore achieved during the immediate preceding year marking a rise of about 12%. Although the company has taken number of steps to improve capacity but problem of labour shortage still remains the area of concern.
Exports
As reported in the last report, the companys exports had decline sharply from Rs.36.62 Crore to Rs.10.76 Crore. However, during the year under review, exports have increased to Rs.31.56 Crore showing significant growth of about 193%. The exports are expected to increase further in next year.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.