Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Diwali holidays for powerloom weavers from Dusshera likely.


Date: 10-10-2015
Subject: Diwali holidays for powerloom weavers from Dusshera likely
SURAT: With the powerloom sector witnessing slowdown due to decline in demand, Diwali vacation for the weavers is likely to begin early, starting Dusshera.

The sector is going through recession as demand for grey or unfinished cloth has gone down in the domestic and international markets. This has also forced many powerloom weavers to drastically reduce the production. Moreover, the traders are also worried over pending payments.

Sources said that the weaving units in Kapodara, Ved Road, Diamondnagar, Pipodara, Sayan, Anjana and Dumbhal are expected to close shops from October 25 and reopen on December 1.

In the last fortnight, many Bihari textile workers have left for their hometowns to exercise their franchise during Bihar Assembly elections and to spend time with their family during the Navratri and Diwali festivals.

President of Katargam-Ved Road Weavers Association (KVWA), Devesh Patel, said, "There is no official announcement for the long Diwali vacation. But, certainly powerloom sector is in crisis due to recession and payment issues. Many Bihari workers have gone home and are likely to return by the end of November."

Patel added, "Export of polyester fabrics has been reduced to just 30-40 per cent of normal exports in the last two months. The exporters are not willing to place fresh orders to due feeble demand in the international market."

The city has around 6.5 lakh powerloom machines weaving some three crore meters of fabric every day. The sector employs over six lakh workers, mostly migrant workers from Bihar, Orrisa, Uttar Pradesh and Maharashtra.

President of Federation of Gujarat Weavers Association (FOGWA), Ashok Jirawala was of a different view. "The recent strike by transporters has further deteriorated the market conditions. The domestic demand is picking up, but the supply of fabrics has been affected. Traders do not want to purchase fresh grey fabric stock and thus the weavers are left with little or no work," he added.

Source : timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 04-04-2025
NOTIFICATION No. 23/2025-Customs
Seeks to amend entry 515C of notification 50/2017-Customs

Date: 27-03-2025
NOTIFICATION No. 11/2025–Central Tax
Seeks to notify Central Goods and Services Tax (Second Amendment) Rules 2025

Date: 13-03-2025
Notification No. 10/2025 – Central Tax
Seeks to amend notification No. 02/2017-Central Tax.

Date: 07-03-2025
Notification No. 16/2025-Customs
Seeks to amend import duty on Lentils (Mosur)

Date: 28-02-2025
Notification No. 12/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 14-02-2025
Notification No. 10/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 13-02-2025
Notification No. 14/2025-Customs
Seeks to amend Notification 11/2021-Customs dated 01.02.2021 to amend AIDC rate on Bourbon whiskey

Date: 11-02-2025
NOTIFICATION No. 09/2025–Central Tax
Seeks to bring rules 2, 8, 24, 27, 32, 37, 38 of the CGST (Amendment) Rules, 2024 in to force

Date: 03-02-2025
[F. No. CBIC-190354/236/2021-TRU]
Corrigendum to Notification No. 50 of 2024 Customs, dated the 30th December, 2024.

Date: 01-02-2025
Notification No. 13/2025-Customs
Seeks to further amend notification No. 153/94-Customs dated the 13 th July, 1994.



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001