Related Keywords: downward trend, fabric-knitting machine, Jacquard machine, manufacturing players, Noida textile machinery, order booking, Registered textile machinery-manufacturing units, Textile machine, thinned down, twin townships, UPSIDC, weaving and spinning machines
The textile machine manufacturing players who earlier witnessed order booking in double digit on a daily basis, in last few quarters have seen it go down to weekly and fortnightly. Along with revenues, the profit margins too have thinned down to single digits. This has led to trimming down the staff.
