THE OLYMPIC TEXTILE MILLS LIMITED

Abstract

The Olympic Group of Industries engaged a consultant to prepare a detailed feasibility study which covered the technical, marketing, and financial aspects of a spinning unit. The idea seemed more promising in the wake of the government's waiver of custom duties and sales tax on industrial plants and machinery in underdeveloped areas. The case provides a background on the cotton yarn spinning industry in Pakistan, and provides a break-up of detailed financial projections made by the consultant.