Home / Knowledge / News / Textiles / Winter blues grip Surat textile industry
Winter blues grip Surat textile industry
03
Jan '12
One of the biggest textile hubs of India – Surat has cut down production of its weaving and fabric processing activities till demand perks up again. To add to it woes, production costs have increased between 35-40 percent in the last few months, with marginal increase in sales realizations.

Many of the fabric weaving and processing factories have either cut down the number of shifts or reduced working days. In normal times, around 400 process houses in the textile hub together churn out thirty million meters of fabrics per day.

The reason behind the production cut down is that costs of raw material, power, fuel and gas have increased drastically. And, due to oversupply in the market, we are not able the match the costs, says Mr. Pramod Chaudhary, President - South Gujarat Textile Processors Association (SGTPA).

However, Mr Devkishan Manghani, President of Federation of Surat Textile Traders Association (FOSTTA) begs to differ.

He says, “The reason behind the production cut down is firstly because they do not have sufficient labor. Secondly, cost of material has also increased. So, production has been cut down, so that demand increases. The situation is contrary to the laws of economics. We had a meeting with some process houses, who are not planning to cut production”.

Providing more details he adds further by saying, “Besides, another reason is the increasing cold in the north, west and eastern regions. The winter season is expected to extend till February. So, till the climate does not change, the demand in Surat will not pick up”.

Mr Chaudhary adds, “Production has been cut by around 20 percent from the earlier 30 million meters per day. We are trying to match demand and supply so that everyone can match their costs and increase their prices”

Mr Manghani explains, “Fabric output is down 30 percent, but so far it has not affected traders as the demand is also currently slow.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search