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In page Rupnarainpur:

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This company used to make profits up to 1993-94. Since 1995, it has been incurring losses. Tata Consultancy Study Report has clearly stated that revival of HCL is viable provided HCL is diversified into new products. The cost of revival, as per their recommendation, would be Rs.281.22 crore whereas the cost of closure would be Rs.1,766.61 crore.[3]