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Expect to see pick up in textile demand: Indo Rama Synthetics

Indo Rama Synthetics (India) has risen 68 percent in last 3 months and today also is up 17 percent. In an interview with CNBC-TV18, OP Lohia, CMD of the company spoke about the latest happenings in his company and sector.

December 19, 2017 / 03:26 PM IST

Indo Rama Synthetics (India) has risen 68 percent in last 3 months and today also is up 17 percent. In an interview with CNBC-TV18, OP Lohia, CMD of the company spoke about the latest happenings in his company and sector.

Textile industry has started looking better. Effects of demonetisation and goods and services tax (GST) are now behind, so things are getting better, he said.

We are hopeful that textile demand will pick up from here, he added.

polymer prices have moved due to rise in oil prices, said Lohia.

For full interview, watch accompanying video...
CNBC-TV18
Tags: #Business
first published: Dec 19, 2017 03:13 pm
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