Home / Knowledge / News / Textiles / Textile sector fails to sustain production
Textile sector fails to sustain production
18
Feb '08
Spinning units in and around Coimbatore, Tamil Nadu, are facing serious crisis, resulting in a negative influence on coarse yarn production and its export market.

Manufacturing looms are coming to a standstill because of insufficient availability of required yarns. Besides, sky touching prices of short staple and waste cotton, in spite of a highest ever production of 310 lakh bales of cotton, is also impeding the production process of various mills across the state.

Endeavors are taken by spinners, weavers, traders, exporters and all the other related enterprises, to unite for a fight against unbearable adversities. They have collaborated to demand for relief measures like waiver of import duty on short staple cotton, exemption from special additional duty of 4 percent, and exemption from CST and VAT.

Moreover, long term plans like broad basing cultivation of short staple cotton, regulation of exports and liberalizing imports also needs to be taken into consideration.

What makes the situation grow worse is the fact that yarns demanded by the manufacturers are not available in the market even at a high price because spinners cannot afford to produce them.

Increase in the prices of materials used for spinning coarse yarn has given even the best mill in the state a run for its life.

While comber noil prices have risen by over 40 percent to reach Rs52 a kilogram, the flat strips price has gone up by over 55 percent to stand at Rs50. On the other hand yarn prices have gone up only marginally ranging from 5 to 9 perecnt and high import duty of 10 and special additional duty (SAD) of 4 percent have made cotton import uneconomical.


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Mohammad Hassan
Biax Fiberfilm

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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