ECIL to scale up its operations : vimarsana.com

ECIL to scale up its operations


ECIL to scale up its operations
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Ministers ask management to pay compensation to laid-off employees
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Ministers ask management to pay compensation to laid-off employees
A day after a meeting with the State government, the management of English Indian Clays Ltd (EICL) has said the company plans to scale up its operations depending on the improvement in the market scenario.
“The COVID-19 pandemic leading to a decrease in market demand and loss of credibility of the EICL owing to the disruptions in the last two years have drastically dropped the overall demand, leading to only partial run of the operations, causing the company to incur more losses. Nevertheless, depending on the progress of EICL’s current scenario, the company plans to scale up its operations,” the management said in a statement on Wednesday.

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