Sun Jun 01 14:39:41 UTC 2025: **Summary:**
After a five-and-a-half-year closure due to a lack of working capital and raw materials, Kottayam Textiles, a unit of the Kerala State Textile Corporation Ltd, is set to reopen on June 2nd, 2025. The reopening was facilitated by an ₹8 crore government grant for upgrading machinery, a ₹40-crore development package, and the waiver of outstanding electricity charges totaling ₹8 crore. Discussions led by Industries Minister P. Rajeeve and Cooperation Minister V.N. Vasavan were crucial to the revival, and the efforts of legislator Mons Joseph in advocating for the unit’s reopening, including addressing the outstanding electricity debt, were also key. The prolonged closure had severely impacted employees who went without salaries and benefits.
**News Article:**
**Kottayam Textiles Set to Reopen After Years of Shutdown**
**KOTTAYAM, INDIA – June 1, 2025** – Kottayam Textiles, a unit of the Kerala State Textile Corporation Ltd, is slated to resume operations on June 2, 2025, ending a five-and-a-half-year hiatus that left its employees without salaries or benefits.
The revival of the textile unit was made possible by a significant government investment, including an ₹8 crore grant for new machinery and a larger ₹40-crore development package. Key to the reopening was the resolution of ₹8 crore in unpaid electricity charges, which the government agreed to waive.
“Under the leadership of Industries Minister P. Rajeeve and Cooperation Minister V.N. Vasavan, extensive discussions were held to address the crisis,” said Mons Joseph, legislator of Kaduthuruthy. Joseph, a vocal advocate for the unit’s reopening, also successfully petitioned for leniency on remaining dues.
The unit, located in Vedagiri, had suspended production in January 2020 due to a shortage of working capital and raw materials. The reopening is expected to bring much-needed relief to the employees and the local economy.
First Piper 