Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Textile Units Halt Work, Seek Ban on Yarn Exports .


Date: 20-11-2010
Subject: Textile Units Halt Work, Seek Ban on Yarn Exports
COIMBATORE: Textile production on Friday came to a halt in several parts of this region, covering Coimbatore, Erode, Tirupur, Namakkal and Salem districts, as garment and weaving units went on a one-day strike, seeking ban on cotton yarn exports.

In Tirupur, a large number of entrepreneurs and textile workers observed a fast too.

According to president of the Federation of Indian Export Organisations A. Sakthivel, production loss in the country owing to the shutdown was estimated at Rs.175 crore, with the loss in Tirupur cluster alone amounting to Rs.45 crore.

Unless the Central Government came out with measures to stop yarn exports, yarn prices would not come down in the domestic market. Textile associations would intensify their agitation if the yarn prices did not come down even after Friday's strike, he warned.

Police sources said that around 80 per cent of the nearly 6,000 textile units in Tirupur stopped production on Friday.

Tirupur Member of Parliament C. Sivasami said the All India Anna Dravida Munnetra Kazhagam MPs had written to Lok Sabha Speaker Meira Kumar, seeking a discussion on the floor of the House on the steps that should be taken for controlling yarn prices.

Hundreds of powerloom and garment units and a large number of wholesale and retail textile shops in Erode remained closed. Manufacturing activity in the weaving and garment units in Erode and Namakkal districts came to a standstill.

M.S. Mathivanan, president of the Confederation of Indian Powerloom Industries, said prices of cotton yarn had doubled in the last few months, hitting the yarn-using industry hard.

In Salem and Namakkal districts, nearly 60 per cent of powerlooms in the weaving clusters did not function. About 75,000 units in Komarapalayam, Pallipalayam and Tiruchengode in Namakkal district joined the strike.

A majority of the powerloom units at Ilampillai, Edapadi, Jalakandapuram and Salem also joined the strike. Chairman of the Southern India Mills' Association J. Thulasidharan contended that yarn prices shot up during the last few months because of the hike in cotton prices. Even now, Indian cotton yarn costs less than Chinese or Bangladesh yarn.

A State Government official says that the State has been vigorously pursuing with the Centre the issue of safeguarding interests of the local textile industry. It is because of its efforts that the cotton exports have been pegged at 55 lakh bales this year compared to 83 lakh bales last year. Also, no exports were allowed between May and October this year.

Source : hindu.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 19-07-2025
Notification No. 34/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A.

Date: 18-07-2025
Notification No. 33/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition.

Date: 16-07-2025
Notification No. 47/2025-Customs (N.T.)
Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s. Ammega Belting India Pvt. Ltd. -reg

Date: 15-07-2025
Notification No. 46/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 44/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 32/2025-Customs
Seeks to amend Notification No.130/2010- Customs dated 23.12.2010 to extend the exemption benefits to Air Canada.

Date: 13-06-2025
Notification No. 43/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 11-06-2025
Notification No. 42/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001