The India Apparel Industry Has A Nationwide Strike On Friday.
Garment industry
India's main export industry. On Friday, the clothing industry held a nationwide strike.
Textile and garment manufacturers and exporters earn 500 billion rupees a year for the country. They have joined the national strike to protest.
raw material
The sharp rise in prices caused them to get into trouble.
According to Premal Udani, President of the garment export promotion council (AEPC),
National strike
It may cause Bhiwandi to stop production. This is the largest hand spinning machine cluster in Asia.
In addition, the textile industry in West Bengal, the textile and clothing cluster in New Delhi and NCR, Ludhiana, Ahmedabad, Coimbatore, Rupp and the textile and garment industries in Bangalore will temporarily suspend production.
According to the India garment export promotion association, the price of 40s combed yarn widely used by knitting enterprises rose sharply from 185 rupees / kg in August to 240 rupees / kg.
Because of this, fabric prices also rose 38-90%, so clothing prices also rose.
Manufacturers expect government intervention to control cotton and yarn prices.
Udani added that if the necessary measures are not taken, the future of India's clothing industry will be in crisis, and millions of India workers will lose their jobs.
The clothing Export Promotion Association expects the government to adjust the export price of cotton yarns and rationalize the price of cotton yarn immediately by adjusting the export and taking other measures.
There are 35 million employees in the clothing industry in India. The clothing industry is one of the most labor-intensive industries in India. In order to reduce the price of India yarn, India garment export promotion association requests the government to restrict the export of yarn for 60 days.
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