Century Textiles

Century Textiles suspends production of tyre yarn

Century Textiles suspends production of tyre yarn

Century Textiles & Industries Ltd has declared partial suspension of its tyre yarn production. The suspension will take place in stages and the first stage will be done from today.

The tyre yarn was produced at the Century Rayon plant in Kalyan, which will be closed till further notice.

Century is a diversified company and has many businesses including tyre production. The reason sited for this decision, as told by the company, was that the tyre business of the company has not been doing very well.