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Indian Card Clothing Company discontinues operations at factory in Pimpri

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Capital Market

Shifts production to facility in Nalagarh, Himachal Pradesh

Indian Card Clothing Company has discontinued operations at its factory situated at Pimpri, Pune through an amicable settlement with the unionised employees It has taken the interest of all the unionised employees working in this factory into consideration, while negotiating the settlement.

As a result of this strategic decision, the production facility will be shifted to the Company's existing state-of-the-art manufacturing facility in Nalagarh, Himachal Pradesh.

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First Published: May 03 2018 | 6:20 PM IST

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