Home / Knowledge / News / Textiles / Dyeing, printing mill owners to pay-up in 45 days - SUCAM
Dyeing, printing mill owners to pay-up in 45 days - SUCAM
Aug '10
Member merchants of Surat Colour Chemical Merchant's Association (SUCAM) have been urged to supply stocks to only those dyeing and printing mill owners, who agree to pay the amount of the stock within a time span of 45 days.

As per officials of SUCAM, since several months, the colour-chemical merchants of Surat have been facing a tough time with respect to delay in payments. While the standard credit period was set as 60 days, mill owners have been found taking 90 days to settle the outstanding dues.

The aforesaid decision of 45 days credit was taken during the yearly general meeting of SUCAM. Member merchants of SUCAM have joined hands and have also lended their support to the same.

A senior SUCAM official mentioned that, since a couple of years, merchants were facing problems pertaining to getting their dues cleared. The association had started receiving complaints against mill owners, who were delaying payments for 90 days, post purchase of colour-chemicals. Hence, merchants have been directed to supply stocks to only those mill owners who agree to pay-up within 45 days time period.

More over, this official also stated that, several merchants were yet to receive their outstanding dues from mill owners, as per hearings from the market. However, still, these affected merchants have been urged to submit their details to the association, so that mill owners can be coaxed to clear the payments or face legal action.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Robert Brunner

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search