YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Ichalkaranji textile sector faces tough time with decline in orders

Related Keywords: affecting entire chain of textile, autoloom, decline in orders, demand of hike in wages, facing tough time, Ichalkaranji-based textile sector, intervention from the needed, powerloom, production scaled down, sizing and processing sectors

The Ichalkaranji-based textile sector that employs more than 60,000 people only in Ichalkaranji the autoloom, powerloom, sizing and processing sectors are facing tough time as production has been scaled down to 30-40% because of decline in orders affecting the entire chain of textile.

There are several subsidy components that are closed by the state government which has also affected the industry and trimming incomes, said Prakash Awade, an expert in textile sector.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button