AP govt mulls to slash power tariff to spinning mills to revive textile industry

Andhra Pradesh state government is contemplating to drastically slash power tariff to spinning mills in the state to revive the sagging morale of textile industry. As the spinning mills provide employment to four lakh people in the state, but several mills are on the verge of closure due to heavy losses.

http://www.yarnsandfibers.com/news/textile-news/ap-govt-mulls-slash-power-tariff-spinning-mills-revive-textile-industry#.V7vWH49OKP9