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Jetpur units use two types of fabrics—150 GSM cotton and poplin—in production. "The first blow came with the prices of these two fabrics rising by over 20 per cent. Cotton rose from ₹30 to ₹36, and that of poplin increased from ₹35 to ₹42.50. The price of grey fabric of cotton rose by 20-30 per cent across all qualities and varieties,” says Anand Jasani, a leading exporter.
The other raw materials used in production are the printing dyes and finishing chemicals, elaborates Jasani. Both are imported mostly from China. Due to improper import cycles from China and freight price hikes, the printing dyes have become 30 per cent costlier. The cost of finishing chemicals has risen by a whopping 50 per cent. Moreover, shipping costs have increased drastically in the post-COVID times. Previously, it would cost $1,500 to ship a container to West African countries, but now it costs around $4,500.
Moreover, the rise in diesel prices has raised the cost of domestic transportation.
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Fibre2Fashion News Desk (RKS)
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
