Surat Textile trade comes to standstill due to lack of raw material

Surat, Apr 7 (KNN) The country’s largest wholesale market for man-made fabric (MMF) in Surat is starting to incur losses due to the indefinite strike by the transport operators in south India.  South India being a big market for sarees and dress materials, the unavailability of transportation due to the ongoing strike is causing a lot of problems for textile traders in Surat as their supplies remain stocked.

Talking to KNN, Arvind Sinha, President, The Textile Association said “The textile Industry supplies that are meant for south Indian states is almost 15-20%, while the overall situation of the textile industry is functional, yet the consignments that were to reach the southern states are not able to reach there”.

The transport strike called by the truckers is mainly against the 50% hike in the 3^rd party insurance premium.

According to media reports, President of Surat Textile Goods Transporters Association (STGTA), Yuvraj Deshle said, “We can’t take risk by accepting the delivery of textile goods towards the south Indian states, The truckers' strike has entered into its third day and it is going to continue till their demands are not met. We have stopped taking bookings for south India." (KNN/ DA)