The Ludhiana hosiery industry that supplies goods such as shawls, jackets, sweaters, gloves, caps, warmers and blankets to Jammu and Kashmir due to the unrest in Kashmir have suspended production and a majority of these have closed down as a result the industry has incurred a loss of nearly Rs.100 crore.
“Many noted knitwear houses manufacturing shawls who have sent their raw material to Kashmir for its famous embroidery has been stuck due to the unrest following the killing of terrorist Burhan Wani,” Tarun Jain, chairman, Bahadur-Ke-Textile and Knitwear Association said.
He also said that a majority of the traders could not sell their material beyond Jammu city. There were several small towns near Srinagar, where hosiery material is sold in bulk. However, due to the problem, these places have become completely inaccessible.
If a hosiery industry will close down, it will affect other sectors as well. For example, nearly 40,000 labourers are working in factory units located in Bhadaur Ke cluster. In fact, over 1.5 lakh people are dependent on the industry.
Apparel & Textile News – Apparel Talk, Indian Apparel