Related Keywords: anti dumping duty on majority of fibres, Chinese polyester clothing making inroads into India, dwindling demand, exodus of migrant textile workers, going through tough phase, MGNREGA scheme, powerloom weaving unit closure, rising prices of yarn, Textile sector of Surat, textile workers demanding wage hike, Weak domestic demand for MMF
Surat’s textile sector is going through a tough phase due to dwindling demand and rising prices of yarn. The sector that accounts for 40% of the MMF fabric demand in the country and the city's over 6.5 lakh powerloom machines manufacture around 3 crore metre of fabrics worth Rs 45 crore per day. The 450 textile processing units in the city manufacture finished fabrics, including saris and dress materials.
