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Nagreeka Exports resumes operation in Kolhapur Yarn Dying unit

27 Mar 2017 Evaluate

Nagreeka Exports has resumed work in Kolhapur Yarn Dying and Cotton Bleaching Division on March 18, 2017 and normal operation was commenced a few days back. The insurance coverage was adequate and there were no major financial loss, except for the loss of operating profit for the period, the insurance claim is pending with the insurers.

Earlier, a fire broke-out in the company's Yarn Dying and Cotton Bleaching Division at MIDC, Kagal, Kolhapur, Maharastra on March 5, 2017.

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