Home / Knowledge / News / Textiles / C'batore textile units bear Rs 3bn loss on power holiday
C'batore textile units bear Rs 3bn loss on power holiday
02
Mar '12
Textile industries located in and around the city of Coimbatore in Tamil Nadu suffered a production loss of about Rs. 3-3.5 billion on the first day of implementation of the additional power holiday, according to Southern India Mills' Association (SIMA).

The region of Coimbatore accounts for around 40 percent of total yarn production in Tamil Nadu.

The industries of the region demanded an additional full-day power holiday to get rid of frequent power cuts on a daily basis, and agreed to cooperate with Tamil Nadu Generation and Distribution Corporation (TANGEDCO) Ltd. to improve the power situation and tide over the severe power crisis.

The textile unit owners expect that the power holiday would enable them to get uninterrupted power for the remaining days of the week. However, the exact impact of the power holiday would only be known after a week of monitoring of load shedding or power cuts.

Meanwhile, Tirupur Exporters Association (TEA) has requested TANGEDCO Ltd. to change the power holiday declared for the Tirupur Region from Friday to Saturday, as it would be convenient for the workers, mostly outsiders, to go to their native places and return for the work on Monday, with Sunday already under power holiday.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search