Set up in 1997, the yarn division of Technocraft Industries (India) Limited is facing industrial relation unrest in the form of start of illegal labour strike which was allegedly provoked by outsiders, resulting in stoppage of production in yarn division. Technocraft Industries (India) Limited has informed theSEBI exchangethat 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. The Technocraft group consists 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.
