Wednesday, September 29, 2010

SME erode powerloom units resume operations

After observing a 6-day strike that began on April 26, 2010, several SMEs in Erode powerloom units have been called strike and resume production \' More Erode-based small units scale powerloom. Went on strike to express their resentment against the price spiral wires and crippling power cuts in Tamil Nadu, which have made it difficult for them to continue their operations smoothly, subsequently leading to loss of productivity and erosion of their margins \\ u0026quot , said Jyoti Baheti, owner Ashish International, a small textile powerloom unit in Erode.As on official sources, more than 40,000 powerlooms, small and medium-sized, scattered in different parts of Erode district resumed their production activities recently, after withdrawal of strike, thus offering also help small weavers engaged in this sector. \\ U0026quot, recent central government announcement on the withdrawal rights Pass Book (DEPB) benefits to exporters of cotton yarn at the rate of 7.67%, and the difficu
lties facing the families of powerloom weavers units because of the strike led to call off strike and re-start operations \' said deputy superintendent of the handlooms, Erode District, who do not want to be named.Resumption production by small-scale powerloom units are expected to stimulate Industrial production overall district and provide a break for several weavers and temporary workers, who were rendered jobless due strike.For more details on connecting to http://www.bizxchange.in/David B2B Portal Parks is a well known author and has written articles on B2B Marketplace and the IT Companies Directory, suppliers, manufacturers and many other topics.

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