'30 Percent Textile Units Shut As Of 2010-11; Led To Huge Job Losses'

Tamil Nadu alone accounts for about 54 percent of the non-operating textile units followed by Gujarat (16 percent), Maharashtra (10 percent), Punjab (four percent) and UP (three percent), it revealed.

Tamil Nadu has also incurred maximum job losses of over two lakh followed by Gujarat which has lost over one lakh employment opportunities due to non-operation of textile factories.

"While the total number of textile factories grew at a compounded annual growth rate (CAGR) of five per cent during 2000-01 and 2010-11, non-operational textile factories grew at a whopping 23 percent and the textile factories under operation grew at a CAGR of a just two per cent," Rawat said.

Gujarat has registered maximum growth of about 39 percent CAGR in non-operational textile units, from over 290 factories to over 2,800 factories during 2000-01 and 2010-11, followed by Punjab (35 percent), Haryana (32 percent), Himachal Pradesh (26 percent) and Tamil Nadu (25 percent).

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