Stimulus package upsets textile sector

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  • Published On: December 10, 2008
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The government's much publicised stimulus package has failed to bring cheer to one industry that contributes four per cent of our GDP -- textiles. And if the present trend continues many people could lose their jobs in this industry. This news has taken away smile from the six people employed in a small spinning unit on the outskirts of Coimbatore. There are more than one lakh such units in and around Coimbatore and Tirupur in Tamil Nadu.

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