BG Jain, MD, Nakoda, while sharing his views for the Union Budget 2011 said, ``For Polyester Filament Yarns segment, like everybody else, Nakoda too expects that this year`s budget will be conducive to maintain annual growth of more than 9% in the years to come.``

``So far as Polyester industry is concerned it is also growing at a CAGR of more than 10% for the past two decades. To a large extent, this growth is on account of shortage of cotton due to ever increasing demand of various fibres. ...
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