Related Keywords: adopted by CCI, huge price increase, not offering sufficient cotton, rescue labour and capital intensive industry, Telangana Spinning & Textile Mills Association, Telangana spinning and textile mills, textile industry unviable, trouble due to unfair trade practice
The large numbers of spinning and textile mills in Telangana are in trouble due to the unfair trade practice adopted by the CCI, which is not offering sufficient cotton to them. This has resulted in huge price increase in the commodity, making the total textile industry unviable.
Telangana has about 10 lakh spindles of which 8 lakhs run on cotton and balance on other fibres like synthetic and viscose. Unavailability of cotton is forcing mills to run on partial basis or to procure from Maharastra or Madhya Pradesh, which is economically unviable.
