Tag Archives: ISPSD

Rescuing Powerloom Weavers from Financial Crisis

The power looms in Malegaon, Bhiwandi, Ichalkaranji, Solapur, Surat, Varanasi, Erode, and other centres in the country are working at sub-optimal capacities due to high input costs and reduced off-take of fabrics. The low off-take has resulted in partial stoppage of power looms in some clusters.

On account of input costs and lower demand, there has been some… Read More