At the heart of the disruption is Surat’s vast textile hub, where rising input costs and supply bottlenecks have severely undermined production viability.
Manufacturing News
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Balachandra will spearhead transformation initiatives across the company’s manufacturing units, with an emphasis on lean systems, process optimisation, and capability building.
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The price revision is expected to have an immediate impact on industries with high fuel consumption, particularly those dependent on captive power generation and continuous process operations, like apparel and textiles.
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Migrants from states including Uttar Pradesh, Bihar, Jharkhand, Uttarakhand and Odisha have begun returning home in significant numbers, leading several mills to suspend operations for one or two days each week due to labour shortages.
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The approvals reflect Odisha’s strategic focus on labour-intensive industries and infrastructure development, aimed at driving inclusive economic growth and enhancing job creation across multiple regions.
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Manufacturing
Polymer Price Surge Disrupts Footwear Supply Chain, Forces Manufacturers to Consider Price Hikes
Industry estimates suggest that 20%–25% of plastic processing units in the state have halted operations due to working capital constraints, according to the Kerala Plastic Manufacturers' Association.
