Textile production on Friday stopped in different parts of Tamil Nadu owing to a nationwide strike called by the textile biz supporting its demand to curb export of raw materials, comprising cotton and cotton yarn.

The strike affected various regions including Coimbatore, Erode, Tirupur, Namakkal and Salem.

In Tirupur, a big part of enterprisers and textile workers had gone on a fast.

As per industry spokespersons, Indian textile divisions will lose approximately Rs 200 crore units, whereas the Tirupur units will lose about Rs 40 crore because of Friday's strike.

The industrial sources added that the recent price increase had resulted into 15-20% fall in production.

With this, around 25,000 people lost their jobs.

Tirupur Exporters Association (TEA) president A Sakthivel stated that approximately 3,000 divisions, largely SMEs, were taking part in the strike, while about 50,000 people observed fast.

Tirupur accounts for more than 70% of cotton knitwear exports from India.

The business was approximated to develop 12% on an annual basis, but the recent price increase in raw materials has become a major problem.

The industry offers up direct and indirect employment to approximately 600,000 individuals in this town.

The Rs 55,000-crore textile business in India, comprising powerloom, handloom, made-ups and apparel markers, had demanded a countrywide strike to draw the government's attention to rising yarn rates and to call for a ban on exports of cotton.

Yarn prices have surged around 79% to Rs 250 per kg as against Rs 139 per kg in the corresponding period of 2009.

Accordingly, fabric rates have also gone up by 38% to 90%, resulting in higher prices for apparel products.