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 …
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 mills in Tamil Nadu are yet to see revival of orders though the festival season is just a few weeks away. The textile mills are facing slowdown in orders for almost six months now due to higher cotton prices, slowdown in orders in the export and domestic markets, and high production costs. The electricity tariff was high in Tamil …
Small-scale textile mills and openend spinning mills in Tamil Nadu have called off the indefinite strike they announced about a week ago, following talks with the State government Ministers and officials on Friday. According to G. Arulmozhi, president of the Openend Spinning Mills Association, following Mr. Thennarasu’s assurance that the issues faced by the textile industry would be taken up …
April 30, 2023 08:26 pm | Updated 08:26 pm IST - COIMBATORE Low demand in the market for yarn has hit the textile mills in the State. According to K. Selvaraju, secretary general of the Southern India Mills’ Association, indicative data of yarn prices available show that hosiery yarn that was selling at ₹381 a kg in October last year …
The Bombay High Court has ruled that the arbitrator cannot be said to have committed a jurisdictional error by allowing a consolidated Statement of Claims, without the consent of the opposite party/ award debtor, in view of the fact that specific claims pertaining to each of the nine contracts were placed distinctly in the Statement of Claims and the award …
