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Maharashtra’s dying textile sector to see revival

Related Keywords: big players to share social responsibilities, Delegation of big textile industrialist, high intensity operating machinery in powerloom, met CM Devendra Fadnavis, power susidy to small and medium powerloom and handloom, produce yarn, promote textile industry, sought susidies in power tariff, units that operate on high intensity big machinery

A delegation of big textile industrialists met Chief Minister Devendra Fadnavis on Wednesday, sought subsidies in power tariff on high-intensity operating machinery in their powerlooms. In the state, the government has given power subsidy to small and medium powerloom operations and handloom sectors, those units which operate on high intensity big machinery to produce yarn have to pay commercial rates between Rs 8.50 to Rs 9 per unit.

Fadnavis said that the big players would have to share social responsibilities and not weigh the textile sector in terms of profit and loss.

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