Karur, Tamil Nadu, May 6 (UNI) Weaving units in this district remained closed for the second day today as part of their three-day strike to protest against the steep increase in the price of yarn.
The strike call was given by the Karur District Weaving and Knitting Factory Owners' Association and other associations related with the handloom industry.
A spokesperson of the association said as two rounds of discussions held with yarn traders and other stakeholders had not helped to stabilise the price it sought immediate intervention of the government.
The association claimed the strike was total throughout the district.
The price of yarn especially, the most popular varieties in the district such as 2/17s, 10s and 6s, have gone up by at least 15 per cent, he said adding the abnormal price rise had led to uncertainty in the textile industry.
While exporters were worried about the cost and shipping schedules, the weavers, who cater to good domestic market were hamstrung by severe fluctuations in the industry due to variations in the yarn price.
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