A Peep into the Region – Surat synthetic textiles on growth trajectory
Surat, also called 'the textile city' of Gujarat-India, takes pride for its expertise in synthetic products market. It is mainly engaged in the production and trading of synthetic textile products.
Textile is the backbone of the state's economy, and bread butter to a major part of the city's population that is associated with the textile industry that caters 90% of nation's polyester demand. Zampa Bazaar, Bombay Market, JJ Textile Market and Jash Market are the years old textile markets that have witnessed all the phases that textile industry has been through since quota arena to present free world market. Katat Gam, Magdalla and Udhana are major textile manufacturing hubs of the state.
“Surat is the main centre of consumption of yarn mainly having Texturising Industry, Weaving Looms, and Dyeing & Printing Units along with Embroidery Units. Now, bigger plants of POY & FDY Production are also in Surat & nearby areas,” describes Mr DS KHARE, Executive Director, Sumeet Industries Limited- the Surat based, 25years old, Textile Company promoted by Shri Shankar Lal Somani & family, and expert in polyester production with group's annual turnover of around INR 800 Crores.
Explaining his view on overall polyester market in the country, Mr Khare further narrates that the sector is growing in India in a big way. Entire world's polyester yarn major demand is fed by China and India. In the last three years China's growth was very speedy as compared to India. However, in the coming years India will see much faster growth, he believes.
The Director also notes India having reached almost 2-3 times capacity expansion in the sector in last 2-3 years and this phenomenon is continuing.
In his view, major raw material for polyester- PTA is also expanding in India which will give further boost to Polyester yarn sector.
Mr Satyajeet Sinha, GM, Welspun Syntex Ltd, (Surat based subsidiary of renowned INR 15000 Crore Welspun Group), also concedes to same findings. He says, “The performance of the Surat textile industry is improving continuously from last few years. Surat synthetic textile products are established as a brand across India. Surat is nationwide known for Surti saris.”
Mr Sinha, also notices lack of infrastructure and lack of dare-to-creativity to be an impediment for Surat textiles becoming a global brand. “Surat is a follower whereas it needs to be leader,” he calls out.
Earlier extruder base spinning was the key business and now maximum industries are coming with continuous polymerization thus cheaper cost of yarn production and consistent quality of material. With such type of technology expansion, India has captured a good export market for such products.
Western India -spread in two main belts of Surat and Silvassa, is major centre for Polyester POY and FDY production.
“Now, in Gujarat, Surat and nearby industrial set ups are progressing morebecause of good industrial climate and infrastructure. Further, there are no more benefits in putting industry in Silvassa. Hence this in turn gives boost to Surat. The state is seeing a good growth in weaving also where latest machines of Water jet Looms & Rapier are expanding,” ascribes Mr Khare.
All raw materials as finished goods are available within an area of 25-30 km which helps this industry perform at best. Surat, and areas around are developing in Continuous Polymerization Production, Polyester POY, FDY sector and Dyeing/Printing as well as Weaving and Embroidery sector to give shape to a better future.
Fibre2fashion News Desk - India