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Our Bureau

Bangalore, Nov. 10

The textile industry in Karnataka has condemned the State’s announcement of 12 hours load shedding in rural areas.

About 80 per cent of the mills in Karnataka are in the rural areas and power cut for a long duration can result in huge losses to the industry, said Mr P.V. Rattaya, Secretary, Karnataka Textile Mills’ Association (KTMA).

Spinning mills in the State have to pay high power tariff compared to that of Andhra Pradesh, said Mr C. Valliappa, Chairman, KTMA. “Some of the member mills are already facing nine hours unscheduled power cuts, which is crippling the industry. Spinning mills required minimum 90-95 per cent of utilisation to break even. This industry is highly power intensive. The imposition of 12 hours load shedding will be the death-knell of the ailing spinning industry in the State and lead to unemployment and loss of revenue to the State.”

Mr Thyagu Valliappa, Executive Director, Sona Valliappa Textiles, said if the State apathy continues, mills in Karnataka will be forced to move to Andhra Pradesh which is promising funding and other incentives for power and land.

According to estimates, only 25 textile mills are operating in the State, against 62 five years ago.

More Stories on : Textiles | Power | Karnataka

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