costs increased with higher inventories and receivables deployed during the period.
The shortfalls in domestic market were made good by increasing exports of both compressors and tools at competitive prices. Export sales increased from Rs 16.9 million in 1987 to Rs 57.1 million.
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.