That is not entirely true. The recent crisis was mainly because of the export market getting slow and no real demand from EU or America coming. The volume of there imports was down and that affected us. IN this situation the smaller, commercial exporters and units with relatively lower over heads survived better than the integrated vertical setups. So just like every other thing having its pros and cons, this one is no different. When you have a spinning, weaving, dyeing/processing and stitching unit all under you, a decrease in sales will mean you have to bail out all these four setups. That may break the company. Commercial exporters with just stitching or someone like us with weaving and stitching in-house were just making lesser profits but managed to keep themselves afloat!
While I am no big fab of the government either, I won’t blame EVERYTHING on them. It takes two to tango and the gov. need to work TOGETHER with the business community to help improve things.
Totally true. That is the reason that since a cheaper 76x68 quality have much bigger market than the T450 quality we see our business men getting enough business in 76x68 that they do not try to move to the better value products.