Orbit Exports has permanently closed down one of its factory situated at Plot No G-99, Additional MIDC, Jalgaon in state of Maharashtra with effect from October 17, 2014. All the manufacturing activities and operations in the said factory have been permanently and irrevocably closed down.
Besides, the services of all workmen have been terminated on account of said closure as the manufacturing operations in the plant has become totally unviable and the technology on which the plant was set up has been rendered obsolete and its up-gradation has become unviable.
Orbit Exports, a company registered under the Indian Companies Act, 1956, is a government recognized Star Export House engaged in the manufacture and export of fancy fabrics.
| Company Name | CMP |
|---|---|
| Welspun Living | 132.40 |
| Vardhman Textiles | 560.40 |
| Arvind | 390.50 |
| K.P.R. Mill | 922.70 |
| Page Industries | 37966.05 |
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