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Low demand forces Indian textile mills to take longer festival holiday

03 Nov '23
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Indian textile mills are being forced to extend their Diwali holidays due to low demand, with operations halted for up to a month.
  • Weaving and garment units are facing insufficient orders, prompting closures, especially in Maharashtra.
  • While small units are managing with piece-meal workers, larger mills are struggling with fixed expenses.

In the latter half of the previous month, the All Bhiwandi Weavers Association resolved to shut down power looms for ** days. Bhiwandi-based (Maharashtra) power looms will remain closed from November * to **, **** owing to inadequate orders. A local businessman highlighted that sluggish demand from the garment industry left them with no choice but to suspend operations for the next ** days. 

Bharat Shah, a power loom owner from Ichalkaranji (Maharashtra), told Fibre2Fashion, "Prominent weaving hubs like Ichalkaranji, Malegaon, Bhiwandi in Maharashtra, and others in neighbouring states are experiencing similar scenarios. Power looms are ceasing operations due to the absence of garment industry demand. Power loom proprietors are struggling financially to sustain production, having already accumulated substantial stocks for potential sales." 

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