Surging yarn prices have hit the powerloom units in Tamil Naud’s Erode district. So much so that loom owners have now decided to cut production by downing their shutters once in a week in order to stay in the business by avoiding huge losses. Though loom owners are trying their best to clock a handsome business ahead of Diwali, they are finding it difficult to meet orders as yarn prices have gone up. This was disclosed by K Suresh, President of Erode Powerloom Owners Association (EPOA).

In the current scenario, powerloom weavers are forced to up prices of their products and as a result, sales have come down. There are more than one lakh powerloom units in Erode district and Pallipalayam and Kumarapalayam in Namakkal district. They usually use cotton and Viscose Rayon yarns to make the products.