Mumbai-based leather products and footwear firm Tergus Works Pvt Ltd (TWPL) is looking forward to an accumulated loss of at least 20 per cent for the rest of the year, according to founder and managing director Divej Mehta, who said the company is exploring manufacturing other hygiene essentials like soap and sanitation liquids for state governments and other government bodies.
“We have also been closely working with investors groups, most of which have set up collective funds to facilitate purchase orders and working capital requirements for micro, small and medium enterprises and start-ups, Mehta told Fibre2Fashion in an interview.Indian leather products and footwear firm Tergus Works is looking forward to an accumulated loss of at least 20 per cent for the rest of the year, according to founder and managing director Divej Mehta, who said the company is exploring manufacturing other hygiene essentials like soap and sanitation liquids for state governments and other government bodies.#
For the full interview, please click here.
Fibre2Fashion News Desk (DS)
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