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Thursday, 09 September 2021 13:51

Co-optex suffers Rs 13 croreloss due to substandard quality

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Co-optex suffered a loss of Rs 7 crore in 2016-17 and Rs 6 crorein 2017-18. The combined loss of Rs 13 crore was due to substandard procurement of clothes.

The issue of Co-optex was brought in the House by OS Manian, former Handlooms Minister who said that Co-optex functioned in profit during the previous AIADMK rule and substandard garments were not procured.

Edappadi K Palaniswami, Former Chief Minister said that garments for Co-optex were procured only from weavers societies and the quality was not compromised, but the Minister saying that substandard garments were procured for Co-optex will create a wrong impression among the public.