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Related Keywords: discuss with state governments, electricity at competitive prices, Piyush Goyal, power tariff, provide level-playing field, technology upgradation, Textile Industry, Union Power Minister, units in powerloom sector, weaving units

The Union Power Minister Piyush Goyal to take up discussion with state governments on providing a level-playing field to the units in powerloom sector. If the states agree, the decision may be soon be implemented. As a result weaving units in the powerloom sector may get electricity at competitive prices, said a senior official who was present in the meeting.

Related Keywords: AEPC, composite mills, drop in exports, due to higher cotton prices, facing high rise in cost of production, from top buyer China, labour wages, Madhya Pradesh textile mills, Madhya Pradesh Textile Mills Association, making uncompetitive in global market, power tariff, sluggish European economy, spinning mills, squeezing margins

Madhya Pradesh has about 45 textile mills of which 35 are spinning mills and 10 are composite mills are facing high rise in cost of production by about 10-15 percent due to higher cotton prices, power tariff and labour wages followed by drop in exports due to subdued demand from the top buyer China and sluggish European economy, all this squeezing margins of textile mills and making them uncompetitive in the global market.

Related Keywords: APTMA, ban imported yarn and fabrics, call conference of stakeholders, delay in textile bailout package, entire textile chain, evove joint protest strategy, government fail to address non viability, including value added sector, power tariff, restore competitiveness, textile chain was ready for closure

All Pakistan Textile Mills Association (Aptma) to call a conference of stakeholders of the entire textile chain, including value-added sector, this month to evolve a joint protest strategy after having received in writing from hundred textile mills of Punjab to close their units if the federal government fails to address non-viability of the industry and restore its competitiveness.

Related Keywords: Black Day, cost of doing business in Pakistan, government policies in Pakistan, power tariff, spinning mills in Pakistan, spinning sector, Textile mills, Textile production, textile relied package, yarn manufacturers in Pakistan

In Pakistan, the textile spinning mills had shut down the production on Wednesday to protest against government anti-industry policies which increased the cost of doing business in Pakistan.

The recent hike in power tariff and gas infrastructure development cess (GIDC) add around Rs 170 billion to the cost of doing business every year, said Tariq Saud, chairman of All Pakistan Textile Mills Association (APTMA).

He said that this strike was successful which also included leading groups in spinning sector, right from Karachi to Khyber Pakhtunkhwa.

Related Keywords: concession, load factor incentives, power tariff, seperate tariff, SIMA, Southern India, special treatment, TANGEDCO, Textile Industry

The textile industry of Southern India are demanding a separate tariff or load factor incentive as the textile industry is the highest consumer of TANGEDCO and thus deserves to have a special treatment and concession.

The textile industry runs round-the-clock throughout year and consumes 900-950 units of power for one hour for every MW thus enabling TANGEDCO to make substantial profit when compared to any other consumer.

The new power tariff would seriously affect the competitiveness of the textile mills in Tamil Nadu across the value chain.