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Eurotex Industries issues lockout notice at Kolhapur mill

Eurotex Industries and Exports Ltd has informed BSE that due to labour problem at the company’s mills situated in Kolhapur Maharashtra, the production has been adversely affected. This has forced the company to issue lockout notice on January 11, 2016. Eurotex Industries and Exports Ltd. is a part of the Patodia Eurotex Group of Industries. The group's present annual turnover is in excess of US$ 100 million, with exports contributing over 50%. The company operates across the textile value chain from raw cotton to ready to wear high value fashion garments.

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