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SIMA to gauge market demand for yarn and fabrics

Southern India Mills' Association (SIMA) has decided to partner with other textile associations to understand domestic demand for yarn and fabric regularly and to initiate measures to revive the market.

According to M. Senthilkumar, Chairman of the association, SIMA already had a meeting with members of Powerloom Development and Export Promotion (PDEXCIL) on Friday. The domestic yarn market is down for the last 18 months. As against the potential to produce 350 million to 352 million kg of yarn a month, the spinning sector was producing only about 345 million kg a month. Similarly, in weaving clusters such as Bhiwandi, the powerloom units were operating only 60 per cent to 70 per cent of the capacity.

Initially, the association would tie-up with PDEXCIL to study the yarn and fabric market in Tamil Nadu. This would be extended to handloom and knitting segments soon. In Tamil Nadu, most of the units were sending the yarn and fabric to the northern states for processing.

www.simamills.org

 
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