Textile industry in shambles: another company reduces production by 50{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d}

Micheal Johnson

In the midst of ongoing economic challenges faced by the textile industry since the second half of last year, another textile business has reduced its operations. Crescent Fibres Limited (CFL) has announced to reduce its production by 50{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} due to worldwide global recession and lack of demand. The company made […]