Home / Knowledge / News / Textiles / South Gujarat textile processors to hike rates
South Gujarat textile processors to hike rates
14
Apr '10
The 450 member strong, South Gujarat Textile Processors Association (SGTPA) has decided to increase job-work charges on fabric printing and processing by 10 percent from April 21, 2010.

Defending this decision of job-work rate hike, Mr Vipul Desai, Secretary of SGTPA, told fibre2fashion that, cost of raw materials, labour wages, dyes & chemicals, fuel and energy charges has drastically increased in past three months.

He continued by saying, “We were thinking of price hike since the last one and a half months, but were waiting for the correct time. Now we held an extraordinary general meeting and increased job charges by 10 percent from April 21".

Another decision taken at the meeting was to limit payment credit period to within 60 days, instead of the current norms of an unlimited period and for those who pay within 15 days, will be entitled to a three percent discount.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

news category


Related Categories:
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



X