Shift of Production

By Ramesh Akkineni

from an article in Business Standard

GHCL Chairman Sanjay Dalmia said, “We plan to outsource most of the production to units in India, Pakistan and China, and shut down several Dan River units in the US.”

So, while most of the textile units in the West are looking to relocate in Asia, the domestic companies are looking out for units in countries that will improve their margins and give them access or increased access to international markets.

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