Home / Knowledge / News / Textiles / Handloom silk producers strike to protest high raw material prices
Handloom silk producers strike to protest high raw material prices
22
Dec '10
Protesting against the rising prices of raw materials, the handloom silk producers from Tamil Nadu have gone on a week-long strike since December 18 onwards, as according to them, if this price rise persists it would cause the manufacturers in the state to suffer a loss of Rs 900 million per day, while the weavers, too, will have to suffer a loss of Rs 30 million per day in wages.

The raw material prices have increased at a greater pace since last year. Raw Kora silk, which was traded at Rs 1,750 per kg in January this year, is now being traded at Rs 3,300 per kg.

This unexpected rise in the raw material prices has jeopardized the business of the silk producing units and has risked the jobs of around one million workers employed there.

Aiming to get a solution for all their problems, these handloom silk manufacturers have raised certain demands before the central as well as the state governments. They have requested the government to immediately fulfil their demands to ban the powerlooms from getting involved into handloom manufacturing, to write off the weavers' loans in banks and to cut down the prices of Kora silk. However, none of their demands have been fulfilled till now.

Thus, in opposition to the non-fulfilment of their demands, the manufacturers have resorted to a week-long strike since December 18, which will continue till December 25.

Furthermore, the manufacturers from districts like Salem, Thiruvarur, Kanchipuram and Thanjavur across the state had a meeting, yesterday, to decide on the future course of action.

Growing weakness of the business has caused a number of weavers and manufacturers to change their occupations. There are around 50,000 manufacturers and looms in the district of Kumbakonam alone, which are now incurring a loss of Rs 15 million a day.

Fibre2fashion News Desk - India


Must ReadView All

Cambodia’s economic growth to remain strong in 2017 & 2018

Apparel/Garments | On 14th Dec 2017

Cambodia’s economic growth to remain strong in 2017 & 2018

Cambodia’s economy is expected to grow at 6.9 per cent and 6.8 per...

2 garment factories to be set up in Jordan’s Arjan, Souf

Apparel/Garments | On 14th Dec 2017

2 garment factories to be set up in Jordan’s Arjan, Souf

Jordanian Prime Minister Hani Mulki recently laid the foundation...

BRC welcomes ‘breakthrough’ on Brexit talks

Apparel/Garments | On 14th Dec 2017

BRC welcomes ‘breakthrough’ on Brexit talks

The British Retail Consortium (BRC) has welcomed the recent...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Johan Berlin
InvestKonsult Sweden AB

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

Giorgio Mantovani
Corman S.p.A

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

Larry L Kinn
Suominen Corporation

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

Sanjukta Dutta
Sanjukta's Studio

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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