Related Keywords: by yarn and gray cloth merchants, incurring huge lost, largest textile centre in India, Malegaon Industries and Manufacturers Association, powerloom in Bhiwandi, proetest exploitation of weaver, shut consectively for seventh day, shutdown at, Textile processing unit
The shutdown, started on August 16 by over eight lakh powerlooms in Bhiwandi, the largest textile Centre in India continues to remain shut consecutively for the seventh day following the market slowdown and to protest exploitation of weavers by yarn and gray cloth merchants, has so far caused an estimated loss of about 3,500 crore rupees to the industry, the local industrialists claimed.
The shutdown has left hundreds of thousands of labourers jobless. A majority of the labourers who migrated from the states like Uttar Pradesh and Bihar to Bhiwandi for work have left the city.