Related Keywords: based on the quality of yarn produced, China devaluing its currency, control textile market, decision to reduce power tariff, getting a big relief, passing through a crisis for a couple of years, power charges comprise twenty to thrity percent of production cost, soothing effect on the sector, spinning mills, Telangana government
Spinning mills in the Telegana State which has been passing through a crisis for a couple of years, getting a big relief with the Telangana Government’s decision to reduce the power tariff. The measure is expected to have a soothing effect on the sector as power charges comprise 20 to 30 percent of the production cost, based on the quality of the yarn produced.
