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Technocraft Industries faces industrial relation unrest at its yarn division at Murbad

YarnsandFibers News Bureau 2014-08-19 16:30:00 – Mumbai

Technocraft Industries (INDIA) Limited established in year 1972 diversified into textile business by setting up state-of-the-art ISO 9001:2000 Certified Cotton Yarn Spinning Mill in 1997, which has grown by leaps & bounds over past few years is currently facing industrial relation unrest at its yarn division.

DANUBE FASHIONS is one of the premier Mumbai based wholly integrated manufacturer of premium quality active wear products and provides superior service making it one of the leading textile and apparel manufacturers in India. At the factories in Murbad, Dist. Thane, Maharashtra (90 Kms from Mumbai Airport and 50 Kms Mumbai Sea Port) products are custom knit, dyed, finished, cut, sewn, decorated, packaged and distributed.

The group has also gone ahead to set up Knitwear plant equipped with state-of-the-art machineries consisting of all processes from cutting, printing, dyeing, confectioning to packing, all under one roof.

The group family consist of more than 2500 skilled workmen, technicians and technologists all working towards the common goal of giving the best quality products to its customers, all over the world.

Recently, there is industrial relation unrest in the form of start of illegal labour strike in Company's yarn Division at Murbad, Thane, which was due to provocation by outsiders, resulting into stoppage of production in yarn division. Technocraft Industries (India) Limited has informed the Exchange.

The Management is taking legal steps against the illegal strike. The Company will keep the exchange informed about the cessation of the above event at the appropriate time.

While, the Company's other manufacturing facilities in all other divisions continue to function normally.

The group has been honoured by National Award Trophy for it's excellent export performance and boast to be among first fifty ISO 9001:2000 certified company in India. Almost 100% of the group production is exported to over 60 countries worldwide.

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