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Textile mills hopes to see boost in fourth quarter results

Related Keywords: allow mills to pay only ten percent, banking on textile ministry's move, boost fourth quarter results, ensure cotton fibre security, focusing more on exports, in the last quarter of the fiscal for textile mills, industry hopes orders for summer season, move could ease production cost, procurement money, stability in cotton prices, Textile mills

Textile mills are banking on the textile ministry's move to allow mills to pay only 10 percent of procurement money that has come as a breather. The move could ease production cost in the last quarter of the fiscal for textile mills. The industry hopes orders for summer season of 2017 could also boost the fourth quarter results.

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