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Surat’s textile business remains sluggish

Jul 16, 2021
Surat’s textile business remains sluggish

Surat, Gujarat

The textile sector of Surat is reeling under sluggish demand due to the second wave of the pandemic. Order books have tanked and traders are opening their shops only to follow up with clients to clear previous payments. The Gujarat government has eased the restrictions but as the other parts of the country are still reeling under the after-effects of the second wave, revival still seems far away. Traders who had stocked up goods for marriage season are now finding it difficult to clear the inventory.

Champalal Bothra, general secretary, Federation of Surat Textile Traders Association (FOSTTA), said that, they are not getting customers as the season of marriage and Ramzaan is over. The only little business we will be able to do now is for Rakshabandhan.

Many who are not able to pay are simply returning the stock. The situation is the same all the way up in the supply chain. Weavers are complaining that production has halved as sales have reduced while many embroidery unit owners have simply shut their units.

According to Ashok Jirawala, President, Federation of Gujarat Weavers Welfare Association, they have not seen a time like this as sales are down to 25% of what it used to be and stock is only piling up. He also said that there is no clarity when things will change for good because lockdown is still there in many states and there is fear of the third wave. 

Source: The Times Of India

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