Alok Industries has put its IPO plan for its home and apparel brand H&A on hold. The stock is down by 6%. However, Sunil O Khandelwal, chief financial officer of Alok Industries denied any such news.
Naishad Parikh, Head of Policy Initiatives, Representative, Arvind Mills and Sunil O Khandelwal, CFO of Alok Industries analyse the few perks that have benefited the garment industry and the all round budget impact that hasn’t been up to the mark as per the recommendations of Textile Industry.