Biggest and oldest of textile companies are shifting their
focus from manufacturing as they find it difficult to compete with increasing
imports from Taiwan, China and Bangladesh. Bombay Dyeing and Manufacturing Company
Ltd. is selling its manufacturing unit at Ranjangaon, Pune for Rs 230 crore to
Oasis Procon Pvt. Ltd.
Does it really make sense to manufacture? Or should we focus
more on trading. Do we really have the capacity to compete at low prices or
should we trade. Can we achieve higher profitability or higher volume?
