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Surat polyester sarees to be costlier

31
Jan '12
The increase in the prices of raw materials like dyes and chemicals, polyester yarn, and the recent increase in procurement prices of lignite and natural gas are likely to result in an increase in the cost of polyester sarees and dress materials produced in Surat, India's largest man-made fibre (MMF) cluster.

In the last few months, the price of polyester yarn has jumped by nearly 20 percent on account of hike in the price of crude oil and the depreciating Indian currency. This has led to an increase in the cost of production of grey fabrics.

The prices of dyes and chemicals have also gone up by 7-8 percent in the recent past. This, along with the increase in the cost of natural gas and lignite, has brought severe pressure on textile processors to raise the job charges of dyeing and printing of the finished fabrics by Re 1 to Rs. 2.50 per metre.

Speaking to fibre2fashion, Mr. Pramod Chaudhary, Chairman of South Gujarat Textile Processors Association (SGTPA), said, “An increase in the cost of dyes & chemicals, natural gas and lignite has forced the textile processors in the city to increase the job charges by around 10-15 percent in the past few days. Hence, the production costs have increased and Surat polyester sarees will now be costlier by Rs. 20-25 per saree.”

Briefing about production and supply of Surat polyester fabrics and sarees, he says, “Surat produces about 60 million metres of polyester fabric per day. A polyester saree, is usually, 5-5.5 metres long. Surat supplies these sarees throughout India.”

Surat meets around 40 percent of annual demand in India for polyester fabrics and sarees. While it exports sarees and dress materials worth Rs. 12 billion, its turnover in the domestic market would be around Rs. 20 billion per annum.

With the winter season nearing an end and the beginning of the marriage season, the demand for 'made-in-Surat' sarees is picking up.

Fibre2fashion News Desk - India


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