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Accumulating stocks lead textile mills to down shutters

Textile mills across the country downed shutters for a day on Monday as cotton yarn stocks were piling up in the units. The mills will also cut one-third production from May 24 for a week. “The strike was to draw the government's attention to the crisis faced by the mills,” said Shishir Jaipuria, Chairman of the Confederation of Indian Textile Industry.

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