HomeNewsBusinessCNBC-TV18 CommentsTamil Nadu power woes leaves leather cos in dire straits

Tamil Nadu power woes leaves leather cos in dire straits

It is a double blow for the leather industry in Tamil Nadu. First the crisis in Europe affecting demand and now acute power shortage is hampering production, reports CNBC-TV18's Swathi Narayanan.

March 12, 2012 / 22:23 IST
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It is a double blow for the leather industry in Tamil Nadu. First the crisis in Europe affecting demand and now acute power shortage is hampering production. Net results and orders have dropped by 10 -15% while margins have eroded by nearly 50%, reports CNBC-TV18

first published: Mar 5, 2012 07:38 pm

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