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Business
174 Textile MSMEs Shut in Jammu & Kashmir, 886 Jobs Lost – Lok Sabha Notified
✍️ kashmirlife.net
🗓 12 Aug 2026, 11:48 AM
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A total of 174 textile micro‑small‑medium enterprises have ceased operations in Jammu and Kashmir, resulting in the loss of 886 jobs. The matter has been reported to the Lok Sabha.
174 textile micro‑small‑medium enterprises (MSMEs) across Jammu and Kashmir have shut down, according to a report sent to the Lok Sabha. The closures have led to the loss of 886 jobs, affecting workers and their families in the region.
The affected MSMEs span various sub‑segments of the textile industry, from spinning and weaving to finishing and packaging. Many of these units were operating on thin margins, making them vulnerable to market fluctuations and supply‑chain disruptions.
Government officials have acknowledged the issue and indicated that steps are being taken to provide relief and support to the displaced workers. The Lok Sabha has been briefed on the situation, and further discussions are expected in the coming sessions.
The affected MSMEs span various sub‑segments of the textile industry, from spinning and weaving to finishing and packaging. Many of these units were operating on thin margins, making them vulnerable to market fluctuations and supply‑chain disruptions.
Government officials have acknowledged the issue and indicated that steps are being taken to provide relief and support to the displaced workers. The Lok Sabha has been briefed on the situation, and further discussions are expected in the coming sessions.