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Hank yarn delivery lead times to handloom sector high: Study
26
Sep '16
A study has concluded that hank yarn delivered by the National Handloom Development Corporation (NHDC), used for producing handloom textiles, has high lead times. The study commissioned by the textiles ministry, as a remedy, suggested that idle capacity in the mills of the state run National Textile Corporation (NTC) be utilised to produce the hank yarn.

According to media reports, the study also found that on an average, 327.71 million kilograms of cotton yarn across all counts is required annually by the Indian handloom sector.

"The major concern of the stakeholders is lead time for the delivery of hank yarn, who also suggested that NHDC should operate with a minimum inventory model to offer supply of various counts of hank yarn on a timely basis,” the study said.

Handloom weavers get the yarn through various sources like traders, handloom societies, yarn depots, NHDC and also directly from mills, but are entitled to a 10 per cent subsidy on hank yarn supplied by NHDC. (AR)

Fibre2Fashion News Desk – India

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