Home / Knowledge / News / Textiles / Recession forces Surat weavers to announce holiday
Recession forces Surat weavers to announce holiday
02
May '16
A drastic decrease in the demand of polyester fabrics in the domestic market due to cheap imports from China and increase in the yarn prices by spinners, have forced power loom weavers in Surat to announce an unprecedented month-long mid-year vacation starting May 15.

India's largest man-made fabric (MMF) industry in Surat has around 6.5 lakh power loom machines.

Over the past three weeks, more than 2.5 lakh power loom machines in the city have already shut shop, rendering over 1.5 lakh workers jobless. Most of these migrant workers have already left for their homes in Bihar, Uttar Pradesh and Odisha, while some have found jobs in the embroidery units, according to a report in The Times of India.

President of the Federation of Gujarat Weavers Association (FOGWA), Ashok Jirawala told the newspaper that the powerloom sector is reeling under such a critical recession for the first time in history. He said over 35 per cent of the units have already shut down and the rest will so after May 15.

Surat's power loom sector contributes around 40 per cent of the polyester fabric demand in the country. The 6.5 lakh power loom machines weaves around 4 crore meters of fabrics per day worth over Rs 100 crore and employs around 6 lakh workers.

According to industry experts, the situation has arisen as majority of the weavers still follow the herd mentality. Over 50 per cent of them have been manufacturing same quality of fabric known as '60 gram'. There are very few who have diversified in manufacturing other quality fabrics.

The power loom machines are mostly over 30 years old. High investment costs have prevented most weavers from upgrading to modern machines. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Suresh Patel
Sidwin Fabric

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

Marcel Alberts
Eurofibers

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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