Traders claimed they had incurred a loss of Rs 150 crore due to stir and that there were huge stocks of unsold textiles.
This is in addition semi-mechanised units facing competition from fully mechanised units.
Erode: Around 5,000 textile producing units and retail shops and more than 20,000 power looms in the district remained closed for the fifth consecutive day, demanding abolition of GST on textile goods.
The protestors, under the aegis of Erode Cloth Merchants Association, formed a Human chain in a main street here where hundreds of textile shops are located.
Meanwhile some office bearers of the Association left for Chennai to represent their plea to the Chief Minister.
The traders claimed they had incurred a loss of Rs 150 crore due to the stir and that there were huge stocks of unsold textiles in their shops, godowns and factories.
However all 150 Textile shops inside the Mohammed Abdul Gani Market here functioned as usual.
( Source : PTI )
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