Power loom owners in Tamil Nadu’s (TN) Tiruppur and Coimbatore have decided to stop production for 14 days due to the rising prices of cotton, cotton yarn and poor lifting from the garment industry. Power loom owners will review the situation in between to decide if production should be resumed or not.
More than 300 large textile manufacturing and weaving units in Tiruppur and Coimbatore will not produce fabric in the period, according to industry sources. The units are struggling with poor demand from the garment industry and higher prices of cotton yarn.
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