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Surat textile ind cuts output
December 24, 2009 10:45:55Faced with poor demand and excess production, the textile industry in Surat has started observing a four or five-day week to curtail production."The textile manufacturing units are observing closure of two to three days instead of one day a week due to lack of demand. Such a move will enable the industry to reduce production till the time buying picks up," Ashok Jirawala, a weaver said."The demand for sarees and dress materials is quite low at present. This is because ... Be First to give comment
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