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Electricity woes lead to closure of textile units
May '09
Other than the multitude of problems affecting the textile sector which has led to en-masse closures of production units, shortage of electricity is considered to be one of the prime culprits, amongst the reasons for the shutdowns of so many textile plants.

Experts from the sector aver that as many as 100 textile and leather manufacturing units have closed down due to a shortage as well as erratic supply of electricity power, which has also led to mass unemployment amongst the working classes.

They also say that development of industry begins with supplying regulated electricity and have urged the government to work on a war footing to eradicate shortages of electricity in the country, which is a major impediment to growth of the economy.

Without which, they add by saying, it is not possible to industrialize the country and take the country to prosperity. They also allege that lots of money has been spent on over-coming the power shortages, despite which, shortages continue to hamper growth of industry.

Fibre2fashion News Desk - India

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