Related Keywords: fabric, Garment Manufacturing, Mudra lifestyle
Mudra Group, operating in the textile industry since 1986 manufacturing fabrics and garments for domestic and export market, having facilities for fabrics & garments manufacturing, processing, design development and sampling etc. has decided to sell its Tarapur fabric unit.
The decision to sell off was arrived after doing a complete review on the business operations of the company. The review showed that the company is in need of funds, it needs to improve its operating efficiency and reduce its high interest cost due to the high debt burden.