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The pillars of strength, on which the group expects to build its future, include a strong technological foundation, the diversion in the textile products, global acceptance of its products and an extremely sound assets base. These attributed in past to a good track record of profits and dividend. The textile companies of the group remained absolutely regular in repayment of debts to the lenders till 1997, without any exception. However due to worldwide recession and sluggish demand, the performance of our textile companies have adversely affected in last 2-3 years. Now the economy is on the recovery path and with the improvement in general business scenario coupled with our more emphasis on consolidation of our activities, we are optimistic to take off. Offices | Feedback | Home | Modern Corporate | Modern Woollens | Modern Suitings | Modern Threads | Modern Insulators | Modern Denim | Modern Terry Towels | Modern Petrofils | Response Cell |
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