Over 10,000 textile shops in Erode remain shut

Two-day strike called by textile traders against rise in yarn prices

Condemning the steep hike in the prices of yarn, cloth merchants in Erode district began their two-day strike on Monday. Over 10,000 textile shops in the district remained closed as a result.

The strike was called by Erode Cloth Merchants’ Association that was supported by 25 textile associations including Erode Gani Market Daily and Weekly Textile Traders’ Association, Power Loom Cloth Merchants’ Association, Textile Traders’ Association, sizing owners, screen printing, handloom, garment exports and other associations across the district.

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Textile traders said that due to the hike in price of yarn regularly, their business was totally affected, rendering many workers jobless. Over 4,000 cloth merchants’ shops, around 1, 000 daily and weekly shops at Gani market, 2,000 textile shops at Ashokapuram, 150 shops in T.V.S. Street, 1,500 shops at Central Theatre market were participating in the strike.

The usually busy Eswaran Kovil Street, Thiruvenkatasamy Street, N.M.S. Compound, Agilmedu Street, Kamarajar Street and other streets where textile shops were located wore a deserted look.

Erode Cloth Merchants’ Association president K. Kalaiselvan told the media that prices of yarn continued to be on the rise in the last 18 months. “Yarn prices have almost doubled in one-and-half years,” he said and added that the price of 40s count cotton yarn increased from ₹200 per kg to ₹400 per kg now. The price of 30s count yarn increased from ₹170 per kg to ₹330 per kg while the price of 20s count yarn increased from ₹140 per kg to ₹240 per kg now. “The only way is to stop export of cotton and yarn and declare cotton as an essential commodity,” he said.