Suspends operations at Faridabad Unit with immediate effect
XPRO India announced that the production at the Faridabad Unit of the Company has been suspended with immediate effect as the operations at the Unit have become unviable over recent years. The Company, however, has built up adequate capacities for production of Coextruded Sheets & Coextruded Cast Films at other Units of the Company and accordingly there will be no foreseeable supply constraint from our end. The Board of Directors of the Company will also consider strategic opportunities/options for the Faridabad Unit in due course.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content