Related Keywords: Anglo French Textile mill, Puducherry Textiles Corporation
Anglo French Textile mill, a century old mill to reopen on February 12, after having received assurance from workers for complete cooperation which has remained closed for more than a year now for increased debt burden and want of funds for investment and difficulty in raising bank loans for its rehabilitation.
V Bhalan, Chairman of Puducherry Textiles Corporation, said that as a prelude to restarting the mill, maintenance works in all its three units would be taken up on January 23 and subsequently in the next fifteen days the units would recommence operation in a phased manner.
