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Agarwal and his spouse are the only real shareholders of the Company, and they had pledged their belongings of Anandam for that bank loan of INR 25 million for his or her enterprise and because of issues in procuring loan Agarwal has also provided collateral protection of his residence.

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India was the 2nd premier producer of garments in the world garment field acquiring acompound annual growth price of 13% around the subsequent ten yr time period. Agarwal was acquainted with the complete strategy of garment producing and he also recruited Ragini to take care of his dilemma.

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Anandam has invested thehigh amount of money in assets plant and equipment in two a long time which have to boost the mounted property by approximately one hundred fifty%. Nonetheless, Agarwal however requirements The brand new click resources devices which will in long blog run just take into result the graph of financial commitment.

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