Home / Knowledge / News / Textiles / Surat textile entrepreneurs want power tariff reduced
Surat textile entrepreneurs want power tariff reduced
11
Jul '18
Surat textile entrepreneurs want power tariff reduced
Textile entrepreneurs in Surat have requested Gujarat’s industries commissioner Mamta Verma to reduce power tariff in the textile sector and make fabrics manufactured in the state competitive to those made in Rajasthan and Maharashtra. Verma recently discussed the state’s new textile policy with the Southern Gujarat Chamber of Commerce and Industry (SGCCI).

The policy will be implemented in October, according to a report in a top Indian daily.

Verma was told that the power tariff in Gujarat is almost double that in Maharashtra, raising the cost of the fabrics manufactured in Surat by around ₹5 per metre.

The entrepreneurs, who had invested under the Technology Ungradation Fund Scheme (TUFS), are yet to receive subsidy amount of ₹650 crore from the government for the last two years, and that is hampering modernisation.

The textile entrepreneurs also pointed out that unfinished fabrics manufactured in Surat reach Vietnam and China via Kolkata or Bangladesh and finished fabrics from Vietnam is then dumped at cheap prices in India.

Many textile entrepreneurs from Surat have shifted to Maharashtra in the last six months, powerloom sector leader Devesh Patel said. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Foreign brands competing with local clothing companies in Vietnam

Apparel/Garments | On 17th May 2021

Foreign brands competing with local clothing companies in Vietnam

International brands are giving tough competition to the local...

Pic: Casimiro PT / Shutterstock.com

E-commerce | On 17th May 2021

London-based global fashion platform Lyst raises £60mn

Lyst, a London-based global fashion aggregator that operates an...

Pic: Shutterstock

Textiles | On 17th May 2021

Prime Content| China cotton index may remain stable in coming months: TexPro

The China cotton is expected to remain above 16,000 RMB per ton or...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Main challenges are breakdown of supply chain and shrinkage of manpower

Textile Industry, Head honchos

Textile Industry
Head honchos

Increased need for online fitting solutions as retailers shift to...

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

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


May 2021

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


Advanced Search