Jamshri Ranjitsinghji Spinning temporarily suspends manufacturing at Solapur factory

10 May 2018 Evaluate

Jamshri Ranjitsinghji Spinning & Weaving Mills Company has temporarily suspended manufacturing at its Solapur factory due to steep increase in input costs, obsolete plant and machinery, adverse market conditions and acute shortage of labours. Also the implementation of GST has impacted the company’s sales. The management is contemplating on the further course of action in this regard.

However, till the management arrives at a decision, the manufacturing at the company’s factory has been suspended temporarily and production is being carried out by outsourcing it through job work.

Jamshri Ranjitsinghji Spinning & Weaving Mills Company’s product range includes Jacquard Towels, Beach Towels, Embroidered Towels, Institutional Towels, Piece Dyed Towels, Velour, Reactive Printed and all types of Kitchen Towels.


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