Silver anklet units in Salem receive 10% of orders following drastic increase in price

Silver anklet manufacturing units successful the territory are receiving lone 10% of their orders owed to the drastic summation successful the terms of metallic successful the past fewer months.

Salem district is known for metallic anklet production, done which 1 lakh radical are getting nonstop and indirect employment. Over a 1000 metallic anklet units are functioning successful Sivathapuram, Shevapet, Nethimedu, Maniyanoor, Ponnammapet, Fort, Suramangalam, Selathampatti, Jahir Ammapalayam, Panankadu, and Kondalampatti. The manufactured anklets are sent to jewellery shops successful Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana, Maharashtra, and Madhya Pradesh. 

But, owed to drastic summation successful the terms of metallic implicit the past fewer months, astir of the anklet manufacturing units person mislaid their orders, and the units look deserted without their workers.

The president of Salem Silver Anklet Manufacturers Handicraft Welfare Association, C. Sree Anandharajan, said that the terms of 1 kilogram of metallic successful January 2025 was ₹1.10 lakh. But successful October 2025, it crossed ₹2 lakh, and successful January 2026, the terms touched ₹3.40 lakh per kg.

He added that successful the past 3 weeks alone, the terms of metallic accrued by implicit ₹60,000. Due to the lack of auspicious days successful the Tamil period Margazhi, the orders reduced drastically. As the Pongal festival is concluded, the wedding play volition begin, and we expect orders successful the coming days, Mr. Anandharajan said.

Demanding that radical attack metallic arsenic a profitable investment, Mr. Anandharajan said that radical are lone focusing connected the terms hike, forgetting that the worth of their aged metallic anklet and products’ person besides increased. “If radical travel straight to anklet manufacturing units, they would person 15% to 20% little than the existent terms for their aged metallic anklets, portion successful showrooms they deduct astir 40%.” He stated that owed to mediocre orders, astir of the workers person moved to enactment astatine beverage shops, hotels and to merchantability vegetables. “If the contiguous concern continues, astir of the anklet units volition beryllium closed,” Mr. Anandharajan added.