Bhiwandi powerlooms to go on strike from tomorrow

Image
Press Trust of India Mumbai
Last Updated : Aug 23 2015 | 12:48 PM IST
Around nine lakh powerlooms in Bhiwandi will go on strike from tomorrow, to press for their demands including ban on import of clothes from China.
The Bhiwandi Power loom Association will also send one lakh postcards to Prime Minister Narendra Modi to draw his attention towards the crises in the sector.
They are protesting against hike in power tariff, obstruction in their work by yarn producers and are asking for permission to export their cloth.
Bhiwandi Powerloom Association spokesperson Sharadram Sejpal said that around nine lakh powerlooms will go on strike from tomorrow.
He alleged that hike in power tariff has always been ignored by the government and that yarn producers are exploiting powerloom owners.
"Yarn traders have a strong association and they use their might to change the price of yarn everyday. It affects the production cost of our cloth," Sejpal said.
"There is a slight margin of profit in cloth production since China has captured the Indian market, and in such a situation a difference of Rs 10 affects us a lot," he added.
Sejpal demanded that there should be a ban on import of Chinese clothes as they are cheaper than Indian clothes.
"Production cost of cloth depends upon labour charges, power charges and yarn prices. Ultimately, rate of cloth production in India is costlier than that of China," Sejpal said.
"We will send one lakh postcards to the PM and will demand that the government impose heavy import duty on Chinese clothes to protect the domestic sector," Sejpal said.
In 2012, same thing was done with Congress Vice President Rahul Gandhi, against Local Body Tax, he added.
A few powerloom owners have decided to keep their looms open as they have already lost Rs 150 crore per day since last Monday.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 23 2015 | 12:48 PM IST

Next Story