06-Oct-2026 13:47:42
GOKAKTEXGeneral news
GOKAK TEXTILES : CLOSES GARMENT DIVISION EFFECTIVE OCT 6, 2026
• Closure of garment division at Marihal Village, Belagavi, deemed approved as of October 06, 2026. • Workers' services will be terminated and full and final settlement of dues will be made. • Reasons for closure include structural cost disadvantages, operational unviability, adverse textile industry conditions, machinery obsolescence, industrial relations issues, supply issues, and environmental/regulatory restrictions.
Gokak Textiles Ltd
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