After staying closed for five and a half years, Kottayam Textiles, the unit of Kerala State Textile Corporation LTD, which will restore operations 2 June.
According to MONS Joseph, lawmaker Kaduthuruth, Textiles Corporation has already placed orders for new mechanical and modern equipment as part of an upgrade initiative using the CRORE 8 GBP sanctioned by the state government. In the last state budget, the government assigned a package of 40 GBP focused on the future development of the unit.
“Under the leadership of the Minister of Industry P. Rajeev and the Minister of the HVAC Cooperation, several rounds of discussions took place at the government level to deal with crisis. Thanks to their joint efforts, steps are now taking place to revive the unit,” said Mr. Joseph.
Shutdown
The prolonged weaning of the Kottayam Textiles, which is located in Vedagiri under the Kaduthurutha constituency, has seriously influenced employees and workers and left them for years without salaries or benefits. As a local legislator, Mr. Joseph also raised this question in the legislative assembly.
One of the main obstacles to re -opening was the CRORE 8 GBP in unpaid electricity fees, which was resolved after a high -level meeting, chaired by the main minister. The government then decided to give up the entire outstanding amount by December 31, 2024.
Common request
Then the trade unions also agreed to submit a joint application to the government and seek for benevolence for the remaining fees. In accordance with this, Mr. Joseph filed a proposal for the Minister of Electricity K. Krishhnankutty and demanded the postponement of residual arrears. The State Council for Electricity in Keral, which was acting for a request, responded positively.
The unit suspended production in January 2020 due to a serious lack of working capital and raw materials.
Published – 1 June, 2025 20:09
