Surat: Diwali and then November-December is the season of marriage and Christmas, usually in Surat’s cloth market, the buying of North and South Indian states starts from August. But this year, the trade did not take place until the beginning of the second fortnight of September. After that, the demand came out before the festival week of Diwali. But now after Diwali, despite the marriages, Christmas season, the outbound trade in the cloth market has not been established, the concern of the cloth traders of Surat has increased.
Due to rising inflation, the prices of sarees, dress materials, dupattas have gone up and the purchasing power of people has decreased. In October, where last year 250 truckloads of parcels went, the number has reduced to 75 to 80 trucks in November. That is, global inflation has also affected India’s domestic textile industry. Apart from the prices of colors, chemicals, dyes, lignite, the prices of yarn and raw materials of yarn have increased the cost of textiles. Global recession has affected exports.
Due to municipal elections in Himachal and Gujarat Assembly and Delhi, prices of CNG-PNG, cooking gas cylinders, petrol, diesel, edible oil have not increased. Once the elections are over, the government has no choice but to withdraw these concessions. As these prices rise, recession will deepen. At present, the government is relieved that the prices of vegetables have come down due to the bumper crop of vegetables in winter.
The price of sugar has increased from Rs 32-33 per kg to Rs 37-38 per kg after export approval. Due to inflation, fabrics have been pushed back in people’s priorities. Once upon a time when there was a wedding in the family, one saree, dress material, dupatta was bought for each occasion. Guests also buy clothes in large numbers for the wedding season of November-December to attend weddings. or used to sew. Its purchase has been reduced. The effect of which is visible on the textile market of Surat.
Yuvraj Desale, president of Surat Textile Transport Goods Association, said that compared to last year, the situation of recession is visible this year. This impact is estimated to be due to rising prices of textile raw-materials and diesel-petrol, making transportation more expensive, making the final product more expensive. Last year at this time of September, where 250 trucks were going to North and South India every day, there was a 50 percent drop. This number is decreasing further in November. Similar is the situation with readymade garments. There is no trade in both the wholesale and retail sectors. The trade of readymade garments is now in the last fortnight of Diwali.