Related Keywords: all other working costs like electricity, Coimbatore and Tiruppur districts, dyeing increased, in deep debts, knotting, no paid off bank interest, pushed to close down, spare parts, Thousand of powerloom units, Tirupur District Powerlom Job working units owners Association
At least a few thousand more of the 33,000 powerloom units in Coimbatore and Tiruppur districts were in deep debts, with interest mounting everyday. This situation, which is fast worsening is what has pushed them to decide to close down all their units in an indefinite strike from Thurday (January 28), said the Tirupur District Powerloom Job Working Units Owners Association president R Velusamy.
