Credit rating agency, CARE has upgraded rating of Indo Count Industries’ long term bank facilities to ‘AA’ with Stable Outlook from ‘AA-’. The rating agency has also reaffirmed credit rating of ‘A1+’ for short-term bank facilities of the company.
Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.