Manufacturers urge governments to increase production as yarn prices increase worried at fluctuating yarn prices, garment and textile manufacturers urged the central and state government to help increase production. Radhe Shyam Ahuja, Senior Vice-President, Bhartiya Vyapar Mandal, said, the price increase hurts only s not only the garment and textile industry but also the yarn traders and general public.

Vinod Thapar, Chairman, Knitwear Club adds, a yarn price increase is impractical as demand has dropped over the last few months due to drop in production. The price increase of almost 60 per cent indicates this is a man-made situation. He urged garment makers to find a way to absorb the price shock.

Hemant Abbi, Executive Member Moti Nagar United Factory Association adds, the price increase has compelled many members to shut factories and get into trading as they couldn’t bear more losses. The other members are also feeling helpless since the trend of unjustified increase in yarn rates has not changed for a year