60,000 cos cut output, some face closure
16 years, 5 months ago

60,000 cos cut output, some face closure

Live Mint  

Coimbatore: At least 60,000 enterprises in and around Tamil Nadu’s Coimbatore district have been forced to cut production because of a serious power shortage in the state, industry lobbies claimed. Curbs on drawing electricity for more than 9 hours a day would drag production by nearly 50% and force some 5,000 units to close by the end of the year, said K. Elango, president of the Coimbatore District Small Industries Association, or CDSIA. As a result, the Tamil Nadu Electricity Board, or TNEB, has instructed industries outside state capital Chennai and its suburbs not to draw power for more than 5 hours during the day and again from 6pm to 10pm, he said. Srinivasan also said capacity utilization of most textile mills in the state would drop below 60% if the power crunch continued.

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History of this topic

Coimbatore industries welcome plans to develop pump and foundry sectors
1 week, 2 days ago

Coimbatore industries welcome plans to develop pump and foundry sectors

The Hindu  

The industry associations in Coimbatore district have largely welcomed the announcements in the Tamil Nadu Budget presented on Friday. The Coimbatore District Small Industries Association welcomed the plans to establish a Centre of Excellence for Advanced Pump and Motor technologies in Coimbatore, develop semiconductor manufacturing parks in Sulur and Palladam of each 100 acres in collaboration with US, Singapore, Malaysia, …

When industrial unrest broke out in the textile mills of Coimbatore in 1948
4 months, 2 weeks ago

When industrial unrest broke out in the textile mills of Coimbatore in 1948

The Hindu  

Within six months of Independence, a major industrial unrest broke out in the textile sector of Coimbatore, an industrial city in the western Tamil Nadu. The case of the labour was represented by P. Ramamurti, vice-president, All-India Textile Workers’ Federation, who later became a key leader of the Communist Party of India, and G. Ramanujam, general secretary, National Textile Workers …

Industrial organisations have strongly opposed tariff hikes, saying industries in TN are facing recession
8 months ago

Industrial organisations have strongly opposed tariff hikes, saying industries in TN are facing recession

New Indian Express  

COIMBATORE: Industrial organisations in Coimbatore and Tiruppur districts have strongly opposed the power tariff hike, saying that industries in Tamil Nadu are already facing a recession-like situation and the hike would sound the death knell for the industries. The Federation of Coimbatore Industrial Association, a common body for 23 industrial associations, said the power tariff hike would destroy micro and …

Coimbatore’s economy will get a thrust with expansion of airport, cricket stadium: MP Ganapathi P. Rajkumar
9 months ago

Coimbatore’s economy will get a thrust with expansion of airport, cricket stadium: MP Ganapathi P. Rajkumar

The Hindu  

Expansion of the Coimbatore International Airport and the construction of a cricket stadium in Coimbatore will bring economic benefits to the district, said Ganapathi P. Rajkumar, the newly-elected Member of Parliament of Coimbatore. Inaugurating the 14th edition of Texfair, a textile machinery, accessories, and fibres exhibition organised by the Southern India Mills’ Association, Mr. Rajkumar said almost 30% of the …

Textile mills in T.N., AP and Telangana plan to stop production for a week
1 year, 3 months ago

Textile mills in T.N., AP and Telangana plan to stop production for a week

The Hindu  

As many as eight textile mill associations in Tamil Nadu, Andhra Pradesh, and Telangana have called for stoppage of production for a week, in order to manage the surplus yarn available in the market that is bringing prices down. Fluctuating cotton prices because of the levy of 11 % import duty and a steep hike in electricity charges have made …

Textile industry in Tamil Nadu worried over losing investments to other States
1 year, 3 months ago

Textile industry in Tamil Nadu worried over losing investments to other States

The Hindu  

November 30, 2023 06:10 pm | Updated 11:23 pm IST Media reports of incentives planned in the draft textile policy of Gujarat were circulated widely among the textile and apparel manufacturers in Coimbatore and Tiruppur on Wednesday, November 29, 2023. There has been widespread concern within the industry over the past few months of investors moving from Tamil Nadu and …

SIMA calls for relook at power sector policies for textile industry
1 year, 5 months ago

SIMA calls for relook at power sector policies for textile industry

The Hindu  

The Southern India Mills Association has appealed to the Tamil Nadu government to review its policies related to energy for textile industry. “Tamil Nadu has been the most attractive destination for new investments mainly due to its unique energy policies relating to wind power, open access power, third party power etc., thus making the power intensive sectors like textiles to …

Spinning mills in Tamil Nadu build capacity, improve production by almost 5 lakh kg of yarn a day
1 year, 10 months ago

Spinning mills in Tamil Nadu build capacity, improve production by almost 5 lakh kg of yarn a day

The Hindu  

Open end spinning mills in Tamil Nadu have added at least 250 new machines over the past one year, says G. Arulmozhi, president of the Open end Spinning Mills’ Association. Production capacity has increased by almost 5 lakh kg of yarn a day, as new machines have been added, thus taking total production in Tamil Nadu to 35 lakh kg …

Cotton yarn mills cut output as orders dry up
5 years, 8 months ago

Cotton yarn mills cut output as orders dry up

Deccan Chronicle  

Chennai: Cotton yarn mills are cutting down production due to lower demand from both domestic and export markets. Almost 60 per cent yarn mills, which are largely small and medium units, have cut their production. Some of them have cut the number of working days while some others have reduced the number of shifts from three to two, according to …

Coimbatore powerloom owners to stop production on rising yarn prices
8 years ago

Coimbatore powerloom owners to stop production on rising yarn prices

Deccan Chronicle  

Coimbatore: Powerloom owners in this city and nearby Tirupur District will stop production from Wednesday protesting against fluctuating yarn prices, which they claimed alleged has seriously profit margins. "The increase in yarn prices for the last few months has seriously affected the profit margin of powerloom owners, who have a total of over two lakh powerlooms in both districts," Velusamy, …

Domestic coal market slashes TANGEDCO losses by half
8 years, 5 months ago

Domestic coal market slashes TANGEDCO losses by half

New Indian Express  

CHENNAI: By slashing coal imports and augmenting procurement from domestic market, Tamil Nadu has cut down its power sector losses by about 50 per cent. The state’s dependence on imports was too high a couple of years ago when it asked Ennore Port to increase its coal handling capacity to 34 million tonnes in the next five years. To a …

Thousands of migrant labourers leave Coimbatore after Maoist's arrest
11 years, 11 months ago

Thousands of migrant labourers leave Coimbatore after Maoist's arrest

India TV News  

Coimbatore, Apr 14: Thousands of migrant labourers from northern and eastern India have begun leaving their jobs in Coimbatore after the arrest of a Maoist by West Bengal police here last week. The migrant labourers are being forced to undergo police verification by the local police and are being subjected to harassment. The employers are being asked to sack labourers …

Industrial units stop production for 12 hours
12 years, 2 months ago

Industrial units stop production for 12 hours

The Hindu  

Several industrial units in Coimbatore district, which is hit by long hours of power cut, stopped production for 12 hours on Wednesday demanding that available power be equitably distributed across the State. Representatives of nearly 25 industrial associations in Coimbatore submitted memoranda to District Collector M. Karunagaran and Chief Engineer of Tamil Nadu Generation and Distribution Corporation A. Thangavelu seeking …

Lack of power takes its toll on industrial activity
12 years, 6 months ago

Lack of power takes its toll on industrial activity

The Hindu  

The grim power situation has pushed the industries in the region into a position of being unable to capitalise on the opportunities in an improved market, run to full capacities and expand business. An industry consultant says that while foundries in Belgaum and Rajkot are expanding and are able to capitalise on the export opportunities, those in Coimbatore are unable …

Power cut: Coimbatore struggles to see light at end of the tunnel
12 years, 6 months ago

Power cut: Coimbatore struggles to see light at end of the tunnel

The Hindu  

Coimbatore District had one of its worst power cuts in recent months on Wednesday, with most areas going without electricity for more than six hours during the day. “It is very difficult when there are unexpected power cuts and for long hours on a festival day,” said another resident of Ramanathapuram. “It is unfair that the rest of the State …

Power cut likely to continue
12 years, 7 months ago

Power cut likely to continue

The Hindu  

It is back to nearly 10 hours of power cut a day in Coimbatore. Almost the entire city has faced eight to 10 hours of power cut a day for the last two days, including load shedding during night hours. The industries are facing minimum five hours of power cut for the last two weeks. An official of the Tamil …

GROWING CONFIDENCE
21 years, 1 month ago

GROWING CONFIDENCE

The Hindu  

Industrial activity in Coimbatore, particularly in the textile and engineering sectors, is picking up after a period of recession, and there are reasons to believe that the resultant upswing in economic activity may be just round the corner. Coimbatore supplies over 30 per cent of all the automotive components used in the country; several companies also cater to the international …

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