Updated:
May 07, 2021 12:11 IST
Over 50,000 looms have stopped production in the district; owners say they are unable to provide wages to workers but are helping with essentials
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Power loom units that have stopped production due to the new restrictions | Photo Credit: GOVARTHAN M
Over 50,000 looms have stopped production in the district; owners say they are unable to provide wages to workers but are helping with essentials
Over 50,000 power looms that were functioning in one shift for the past two weeks have halted production after the new restrictions to control the spread of COVID-19 pandemic came into force from Thursday.
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Power loom units resume production after 11 days
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AAA Over 30,000 power loom units that stopped production from February 11 to 21 against rising price of yarn, resumed operations here on Monday.
Units in Erode, Chithode, Lakkapuram and Veerappanchatiram that were involved in producing rayon fabrics stopped their operations over the issue of continuous rise in yarn price. They said that the price of yarn continues to be on the rise affecting their production. Also, the price of yarn changes frequently and they wanted the companies supplying yarn to fix the price once in a month.
B. Kandavel, coordinator, Tamil Nadu Federation of Power Loom Association, said that due to stop in production, fabric worth ₹ 85 crore could not be produced and added that regulating the yarn price is the only solution for the issue. The price of yarn that stood at ₹ 230 a kg in January dropped to ₹ 205 in the second week of February and again was increased to �
Power loom owners halt production seeking regulation of yarn price
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Stir effect: Power looms lying idle in Erode on Friday.
| Photo Credit: GOVARTHAN M
With 30,000 power loom units involved in producing rayon fabrics halting production from February 11 to 21 in the district, power loom owners want yarn price to be controlled and necessary steps taken to encourage export.
Of the 55,000 units in the district, unit owners in Erode, Chithode, Lakkapuram and Veerappanchatiram halted production as they claim that regular increase in price of yarn is causing them a loss of ₹5 per metre. They said that about 24 lakh metres of rayon fabric produced in these units everyday were halted affecting over 50,000 workers directly and indirectly. On Friday, the price of yarn was ₹215 a kg that was ₹150 a kg in November, 2020.
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