CONDITIONS FOR INDIAN MILLS ‘GETTING WORSE’
March 1st, 2013
POWER outages and industrial unrest that have caused chronic shutdowns among Indian textile mills are escalating, the industry's main trade association has warned.Severe electricity shortages are to blame for mill closures in southern India while labour shortages are responsible elsewhere, said Anil Gupta, vice president of The Textile Association (India). “On both these fronts the situation is getting worse,” he told just-style.Financial issues have also contributed to 104 textile mills shutting their gates since 2009, the Indian Parliament's upper house ...
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