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: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025

Date: 30-04-2025
Notification No. 27/2025-Customs
Seeks to amend Second Schedule to the Customs Tariff Act, to align it with changes made in the First Schedule to the Customs Tariff Act vide Finance Act, 2025.

Date: 30-04-2025
Notification No. 28/2025-Customs
Seeks to amend Notification no. 27/2011-customs dated 1 st March, 2011 and Notification No. 22/2024-Customs, dated 2 nd April, 2024 to align them with the changes made in the Second Schedule to the Customs Tariff Act.

Date: 30-04-2025
Notification No. 33/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 28-04-2025
Notification No. 24/2025-Customs
Seeks to amend List 34A and 34B of the Notification No. 50/2017-Customs dated 30.06.2017

Date: 24-04-2025
Notification No.31/2025-Customs (N.T.)
Goods Imported (Conditions of Transshipment) Regulations, 2025

Date: 23-04-2025
Notification No. 28/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 17-04-2025
Notification No. 26/2025 – Customs (N.T.)
Amendment to Notification No. 77/2023-Customs (N.T.) dated 20.10.2023 - Revision of rate of duty drawback of Gold jewellery and silver jewellery/articles



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