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Helpline launched to address yarn price issues by textile units

Published: March 18, 2021
Author: thaifilatex

Coimbatore: A helpline portal to redress grievances related to yarn price increase and supply, was launched by the National Committee on Textiles and Clothing (NCTC).

The garment units and trade in Tirupur had gone on a day’s strike on Monday to draw the attention of the government on the yarn price hike.

The NCTC said in a press release on Wednesday, March 12 that it had a meeting of the stakeholders and launched a helpline portal.

T. Rajkumar, coordinator of the NCTC, said fabric manufacturers who face yarn shortage or irregular supply can post the details on the portal 24X7. The secretariat of the Confederation of Indian Textile Industry will pass on the information to related textile and export organisations. These will “advise the members to post details of the non-availability/short supplies of yarn so as to find solutions on a here and now basis.”

The system will also enable direct contact between yarn manufacturers and buyers and restrict speculations.

Mr. Rajkumar requested to all the stakeholders in the textile value chain to use the new facility. He also appealed to the spinning mills to honour their commitments on the price and also take efforts to maintain stability in the yarn prices.

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