Azgard-9 to resume operations at the previously closed facility in Lahore due to improved business conditions

MG News | October 28, 2020 at 04:32 PM GMT+05:00

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October 28, 2020 (MLN): Azgard-9 will be resuming its operations at the premises acquired by the company on rent located at Irfan Textiles (Private) Limited, Lahore, owing to the improvement in business conditions.

Earlier in April, the company had decided to close the production facility/operations at the above referred rented site given the catastrophic and unavoidable situation, as well as the severe financial crunch arising out of the global adverse business situation, coupled with the cancellation/reduction of the export orders by the European and other countries.

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