Web Exclusive | July 2017
Polyester output takes a big hit
With textile traders keeping their shops shut following the all India strike announced by traders, the production of grey fabrics has taken a hit in the country’s largest man-made fabric (MMF) sector in Surat.
Industry sources said production of grey fabrics has decreased by almost 55 per cent due to the textile traders’ agitation against GST on fabrics. The daily production of polyester fabrics is pegged at 4 crore meters per day. At present, the powerloom sector is producing less than 2 crore metres per day.
Most of the powerloom units in Bhestan, Unn, Sachin, Katargam and Ved Road are operating their units in single shift for the last many days. The traders had already observed two days strike in between.