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GHCL aims to reduce debt by Rs 100 crore in FY20: CFO Raman Chopra
Noida-based chemical manufacturing company, GHCL, is planning to cut down its debt by Rs 100 crore through improvement in operational efficiency, Chief Financial Officer Raman Chopratold ETCFO in an interview. GHCL operates in two businesses,chemicals segment where it manufactures soda ash, key raw material for glass and detergents, and second textiles, where it is in the business of spinning yarn and processing it to finished products like sheets. It chemical business constitutes more than 85 per cent of its profitability. In the … Continue reading
Big on Captive
Mechanisation of almost every process involved in the textile industry from fibre to fabric has led to increased consumption of electricity. In today’s scenario where the power purchased from state electricity boards works out to be much higher than solar or wind energy, it is not surprising that more and more players in this energy-intensive industry are opting for cost-effective green energy. This is more so in a state like Tamil Nadu that leads the … Continue reading
From Plastic To Bed Sheet
5 JUNE 2019 View – https://www.outlookindia.com/magazine/story/from-plastic-to-bed-sheet… Continue reading