Surat: Prime Minister Narendrabhai Modi will on 22nd February perform a groundbreaking for the proposed PM Mega Integrated Textile Regionals & Apparel Park (PM Mitra Mega Textile Park) at Vansibordi in Jalalpor taluka of Navsari district. The function is scheduled for 3 to 4 pm. The Prime Minister will address around one lakh small-major traders on this occasion. The upcoming park is over 1,000 acres of land. To reach the project site, the State government has allocated a Rs. 600 crore br...Read More

Somnath: The Ministry of Textiles has organised an exhibition of handloom and handicraft at Somnath and Dwarka, showcasing the exquisite range of handloom and handicraft from the States of Tamil Nadu and Gujarat. The Ministry is also organizing a Chintan Shivir with Textile Industry stakeholders on 21-22 April 2023 at Rajkot, to discuss and deliberate upon various important agendas and topical issues pertaining to the textile industry The activities are a part of  “Saurashtra Tamil Sangama...Read More

Atlanta: The Chamber has organized a three-day exhibition in Atlanta to encourage the textile industries of Surat. Stalls displaying yarn from Surat to finished fabric have been put up at the exhibition. The Chamber claims that foreign buyers have fallen in love with the fabrics from Surat. Saturday was the second day of the Global Textile Trade Fair organized by the Chamber. Many foreign businessmen have evinced interest in establishing trading ties. Indian ethnic wear for women, Kurti-kurta...Read More

Surat: South Gujarat Yarn Dealers Association, using the services of a leading company, has developed a software on the lines of CIBIL that will reduce the possibility of defaults in the yarn market, which has an annual turnover of Rs 8,000 crore. Pankesh Patel, newly appointed president of the association, and past president Anil Dalal claim that some weavers and merchants keep payment to a dealer pending and buy yarn from a second dealer and then from a third dealer and so on. This softw...Read More

Surat: The textile market in Surat is on a one-day strike today, following the order of Federation of Surat Textile Traders Association (FOSTA) to keep over 70 thousand textile shops of all the 170 textile markets closed in the city. The textile merchants have kept their shops closed and various bodies associated with the textile market have also arranged protests at various places. The strike is in protest of the GST rates to be increased to 12 % from 5 % on the textile industry. FOSTA pre...Read More

Surat: Confederation of All India Traders (CAIT) has declared a one day strike of textile markets, textile shops, footwear shops, garment factories and related show rooms on 30th December 2021 throughout the country in protest of the 12 percent GST to be implemented from 1st January 2022 on textile and footwear. The leaders of CAIT had informed in a press note that the merchants of textiles, garments and footwear had decided to peacefully observe a strike on 30th December to maintain their e...Read More

Maj Gen OP Gulia, SM, VSM (retd), CEO, SVP Global Textiles Ltd Mumbai: The opening up of the world economy including the markets, malls, travel has helped the textile industry to rebounce from COVID lockdowns and restrictions. The anti-China sentiment has helped Indian Textile  manufacturers and exporters to grab a bigger share in the global textile business. The textile industry feels that it is the opportune time for the Centre to provide appropriate support to the industry to fuel its next ...Read More