The number of spindles reached 2.5 million by 1870, and spinning mills were constructed up to that time - 24 since 1850.
Until the early 1980s the state owned almost all spinning mills in Bangladesh and 85 percent the textile industry's assets (not including small businesses).
In the 18th century several wool spinning mills moved into the village and provided additional income.
It is noted for its cotton industries mainly spinning mills.
Like many others, Peel joined partnerships in order to raise the capital required to set up spinning mills.
When cloth dealing declined, wool spinning mills using steam power were built by the river.
More than 80 percent of recruits are hired for work in spinning mills.
Power loom factories and spinning mills are the major livelihood for nearly 500 people.
There are two group spinning mills based nearby.
In the textile center of Lodz, workers shut down cotton spinning mills.