Home / Knowledge / News / Textiles / Textile traders shut down business for three days
Textile traders shut down business for three days
27
Jun '17
Opposing the implementation of GST on textiles, the textile traders across India have shut down their business for 3 days beginning from Tuesday. The traders have also threatened to go on indefinite strike from July 1, 2017 if their demands are not met at the Council meeting this week. The government has decided to roll out GST from June 30 midnight.

The pan India bandh call has been given by the Textile GST Sangharshan Samithi. The traders are likely to observe June 30 as black day if their demands are not met, according to media reports.

"Demonetisation has already shown worst impact on the textile business. The GST would be another bolt from the blue," said Andhra Pradesh Textile Federation.

More than 50,000 textile traders in Ahmedabad and around 60,000 shops and powerlooms weavers have joined the strike. Apart from Surat and Ahmedabad, textile traders in Jetpur, Junagadh, Rajkot, Bhavnagar and Surendranagar have also observed bandh.

The call for bandh was taken at the gathering held in Delhi last week. Textile traders from across the country had participated in the meeting.

According to the textile associations, weavers and cloth traders have never paid taxes in the history of Indian textile industry. Implementation of GST will largely affect the organised and unorganised traders associated with the textiles. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Mario Crosta

Textiles | On 23rd Oct 2018

'Global textile machinery market may grow at 14% by 2020'

Analysts have predicted that the global textile machinery market may...

Cotton production and exports in West Africa. Courtesy: FAS/USDA

Textiles | On 23rd Oct 2018

Record cotton production to drive West Africa exports

Cotton exports from West Africa for 2018-19 are projected to surpass...

Courtesy: Prudence Earl on Unsplash

Textiles | On 23rd Oct 2018

Sri Lanka's textile exports up 4.7% in Jan-July '18

Sri Lanka’s earnings from textiles and garments exports increased by...

Interviews View All

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Top executives, Textile industry

Top executives
Textile industry

It will take some time for the people to change their buying choices

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


October 2018

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

news category


Related Categories:

Advanced Search