Inspite of all these things the total industry is in loosing sphere. The above problems may be tied over by reduction of interest up to 4% or to the same level as of September 2006.
The industry is reeling under the impact due to the mismatch between cost and sales and is not in a position to service the principle and interest payment.
We request the government to announce moratorium and reschedule the principle and repayment atleast for one year for the betterment of the Industry.
South India Small Spinners Association
marketing@alchempro.com
