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Powerloom sector may get electricity at competitive prices

YarnsandFibers News Bureau 2016-11-30 12:30:00 – New Delhi

The Union Power Minister Piyush Goyal to take up discussion with state governments on providing a level-playing field to the units in powerloom sector. If the states agree, the decision may be soon be implemented. As a result weaving units in the powerloom sector may get electricity at competitive prices, said a senior official who was present in the meeting.

Power Minister Piyush Goyal discussed power tariff and other issues faced by the powerloom sector and has given assurance in this regard to Textiles Minister Smriti Irani at a meeting, according to an official source. The meeting also had representatives from the textiles industry.

It was also decided that textiles industry associations will prepare a report in conjunction with the Government on technology upgradation for the powerloom sector.

Confederation of Indian Textile Industry Secretary General Binoy Job said that powerloom is lifeline of textile sector. Technology upgradation for the powerloom sector could be a game changer for the entire industry.

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