Century cuts denim cloth production by 50%

Century Textiles & Industries has reduced the production capacity of denim material by 50 per cent of its total capacity due to the adverse market condition. In a statement to the Bombay Stock Exchange, the company has said in view of adverse market scenario and demand recession, the company is restricting the production of denim cloth partly for the time being until further advice by the company, its factory in Khargone, Madhya Pradesh.