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GDMA puts forward pre-budget proposal
26
Feb '08
The rapid and sustained growth of the dyes and dye intermediates sector has brought about vibrant growth of textile and chemical industries in the country and is playing a vital role in catering the requirements of the world at large.

The Industry is made up of around 900 small scale units and 50 large organized units, which produce around 80,000 tons of dyestuff every year and exported about Rs51 million in the year 2004-05 which has further increased in the year 2005-06.

Gujarat state which is fast emerging as a chemical state on the industrial firmament of the country, accounts for 25 percent of the production of chemicals in India and dyestuff accounts for 80 percent of the units, 75 percent of the total production and 60 percent of the exports of the Country valued at Rs3200 crores during 2004-05.

Despite a considerable growth of the industry, no new capacities are being installed, further, existing capacities remain substantially under utilized. This is indeed a matter of serious concern for the dyestuff industry of Gujarat which is essentially organized in SME sector and is therefore struggling hard for survival.

The Gujarat Dyestuff Manufacturers Association (GDMA) has great expectations from the budget for the coming fiscal year and therefore has submitted certain major issues which operate as barriers to growth and hence immediate corrective measures are called for.

For GDMA, Budget proposal click here

The Gujarat Dyestuff Manufacturers Association (GDMA)

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