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    HomeNewsBusinessCompaniesFall in cotton prices a good sign for industry: Alok Ind

    Fall in cotton prices a good sign for industry: Alok Ind

    Textile sector has been doing very well in the past several weeks and one of the reasons behind the performance has been 37% fall in cotton prices on high acreage. In an interview with CNBC-TV18, Sunil Khandelwal, CFO of Alok Industries, spoke about how the textile industry is dealing with a consistent and sharp fall in cotton prices.

    June 22, 2011 / 15:04 IST
     
     
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    Textile sector has been doing very well in the past several weeks and one of the reasons behind the performance has been a 37% fall in cotton prices on high acreage. In an interview with CNBC-TV18, Sunil Khandelwal, CFO of Alok Industries, spoke about how the textile industry is dealing with a consistent and sharp fall in cotton prices.

    Below is a verbatim transcript of his interview with CNBC-TV18
    first published: Jun 22, 2011 12:16 pm

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