Eurotex Industries and Exports Ltd. is a part of the well-known Patodia Eurotex Group, and is a vertically integrated textile firm with a turnover of close to US45 million. The company is one of the largest exporters of cotton yarn in India with a spinning capacity of 60,000 spindles. With all the difficulties the Indian textile industry is encountering, such as increases in wages, cotton, power, oil, banks' lending money openly for TUFS, the inflow of capital into the Indian stock market, the rise of other industries, power failures and labor shortages in certain regions, Eurotex's current strategy is to keep cost under control, including maintaining inventory, interest and expenses at low levels.
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