In an interview to CNBC-TV18, Kailash Lalpuria, ED of Indo Count Industries and Ganesh Kumar Gupta, President of Federation of Indian Export Organisations spoke at length about the garment industry trends.
Indo Count Industries has been under tremendous pressure off late on buzz that the company has lost a few client orders although the management has denied these rumours. In an interview to CNBC-TV18, Kailash Lalpuria, ED of Indo Count Industries spoke about the latest happenings in his company and his outlook going forward.
None of Indo Count‘s clients have asked for clarification on quality, says Kailash Lalpuria, Executive Director the company adding that a robust system is already in place for quality control.
Company will grow its capacity to 90 million meters by end of CY16 and as far as debt is concerned, it views itself in a stable position, says CNBC-TV18, Kailash Lalpuria.
KK Lalpuria, ED of Indo Count Industries talks about the company‘s overseas presence and the domestic business.
Over the time, Indo Count Industries has reduced debt to Rs 110 crore from Rs 280 crore plus, says company ED Kailash R Lalpuria.