Home / Knowledge / News / Textiles / Yarn producers grieve over declining realization
Yarn producers grieve over declining realization
02
Jan '08
A dramatic decline in the prices of yarn produced by Bharathi Textile Mills is evoking concerns for the manufacturers.

The yarn, which was earlier sold for Rs131 per kilogram last year, has dropped to Rs113 for 2008. This together with appreciation in rupee has increased the cost of production which goes higher than the selling price.

The mill produces an approximate of 2500 to 3000 kilograms of yarn every day which is sold to markets in Ahmedabad and Mumbai. However, a major problem lies in the fact that the mill operates on machines that are as old as 20 years and this inevitably deteriorates the quality of yarn produced.

The Government had taken charge of the mill right from April 1, 2005 and presently, it employs about 600-700 workers.

It is increasingly felt by the both the Government and the workers that the production capacity of the mill should not only be increased but also modernized. Besides, regulation pertaining to work also requires a revision to make them more practicable by way of increasing the output.

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search