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Yarn stocks piling up at spinning mills in Tamil Nadu

Related Keywords: carrry out production to the capacity, come down to two or one per day, inadequate workforce, number of shifts, on a daily basis, piling up of yarn stocks, plunge in yarn sales, shortage of labour, spinning mills in Tamil Nadu, unable to run units

With the shortage of labour, spinning mills in Tamil Nadu are unable to run their units on a daily basis. The number of shifts has come down to two or one per day. With inadequate workforce, they are unable to carry out production to the capacity, resulting in piling up of yarn stocks and plunge in yarn sales.

Since the start of demonetization drive, as most of the mills rely on migrant labourers , who have returned to their home towns and will come back only when there is sufficient cash flow in the market.

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