Home / Knowledge / News / Textiles / Surat weavers sleepless over soaring yarn prices
Surat weavers sleepless over soaring yarn prices
Nov '10
The unprecedented rise in raw material prices is giving sleepless nights to the entrepreneurs in the textile hub of Surat, Gujarat, doe to which several small firms without adequate financial muscle have downed their shutters.

Surat is famous for synthetic fabrics and embroidery and around 30 million meters of raw fabric and 25 million meters of fabrics are processed are produced daily in the city. There are around 400,000 powerlooms and 400 fabric process houses in the so-called textile hub of India.

The recessionary phase of the previous two years had taken the wind out of the textile sector in Surat and when the markets were giving an impression of stabilizing, the ever-rising prices of raw materials, is now turning in to loss-making proposition for many from the textile city.

While, speaking to Mr Ashok Zirawala, President of the Federation of Textiles Traders and also of the Weavers Association, said, “The textile industry in Surat is going through a severe slowdown. The only fabric in demand is the jacquard quality; otherwise there is negligible demand for the other varieties produced in Surat. And to make matters worse, yarn prices are increasing incessantly”.

Mentioning about the challenges faced by the sector in Surat, he remarked, “Along with biggest challenge of rising raw material prices, there is no demand for fabrics, due to which prices of our finished materials have fallen and now, we are not even able to meet, even the cost of production, which has turned in to a big dilemma for the weavers, and who in turn have turned pessimistic about the new year, which is just around the corner”.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kerem Durdag
Biovation II LLC

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Rupa Sood and Sharan Apparao

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search