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Purushottam K Vanga

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  • Business

Production slumps in the powerloom hub of Bhiwandi

 Hit hard by volatility in yarn prices, 50% of the looms said to be operating only 3-4 days a week. Part I: Bumps galore, but auto hubs breathe easy on sales spike In the powerloom hub of Bhiwandi,......

GST woes: How Surat's powerloom industry is dying a slow death

 Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji. Rukesh Kumar, 22, is running out of patience......

Demonetisation silenced the looms in this 150-year-old town

 IMAGE: Inside a power loom in Bhiwandi. About 70 percent of the 1.2 million power looms here have had to down their shutters post demonetization and if things continue as they are, the rest......

Demonetisation silenced the looms in this 150-year-old town

 IMAGE: Inside a power loom in Bhiwandi. About 70 percent of the 1.2 million power looms here have had to down their shutters post demonetization and if things continue as they are, the rest......

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