ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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STEEL CASTINGS-Obsolete Technology

any indication of the plight of the industry. Industry's margins have been badly eroded by the steep rise in cotton prices and escalation in the costs of other inputs. The incidence of sickness is on the increase. The number of closed mills at the end of April rose to an all-time high of 95, comprising 41 composite units (14.5 per cent of the total number of such mills) and 54 spinning units (7.3 per cent of total number of such mills), rendering 1.28 lakh workers jobless.

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