Banaras Beads bags export orders worth USD 1 mn

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Capital Market
Last Updated : Jul 27 2019 | 5:32 PM IST
Banaras Beads announced that the ongoing trade war between the USA & China has given an opportunity to the company to boost its exports. The USA based retail stores are offering Banaras Beads to supply such products which they were procuring from China. Resultantly, the company has in the last quarter received new purchase orders worth USD one million from two big chain stores in the USA.

The company hopes to turnover of the company will increase around 75-100% in the incoming period (quarter/ year end), if the same business trend will be continued.

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First Published: Jul 27 2019 | 4:57 PM IST

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