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Strike brings half of India’s powerloom sector to a halt

Related Keywords: Bhiwandi powerloom units strike, Bhiwandi strike, control on yarn prices, grey cloth, illegal holding of yarn, minimum support price, permission to export cloth, Textile Industry, Textile processing unit

Strike has been called by Bhiwandi powerlooms since Monday demanding control on yarn prices and permission to export cloth . Approximately 9 lakh people are dependent on Bhiwandi’s powerlooms and related businesses of which nearly three-fourths of the 9 lakh powerloom units in Maharashtra’s Bhiwandi are on strike. The strike aims at ensuring less cloth is sent to the market, which may result in prices increasing.

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