Related Keywords: addressing the problems of Textile Mills, adverse external factors, called upon Central Government, China and Americas, cotton segment, duty structur in EU, glue in export market, moratorium on loan, policy change in Chine, spinning and weaving segment, The Telangana Spinning & Textile Mills Association, thriving mills facing closure, TSTMA
The cotton segment, spinning and weaving segments have been suffering from April 2014 onwards due to glut in the export market caused due to policy changes in China and the duty structure in EU, China and the Americas, said M. Anantha Reddy, General Secretary, The Telangana Spinning & Textile Mills Association (TSTMA).
To address their concerns on a priority basis to ensure that good thriving mills do not face closure due to adverse external factors, TSTMA has called upon the Central Government.