Related Keywords: fabric production, MEG are also rising, polyester yarn prices, prices of petrochemicals like DMT, PTA, raw materials for producing polyester yarn largely used by Surat based power looms, Surat based power looms, Surat textile industry, Surat textile weavers and processors, synthetic fabric, yarn
There was a meeting last week of all Surat power loom co-operatives and job workers involving hundreds and thousands of workers where they have proposed to reduce daily operating shifts from three to two. Many employees are also starting to go on leave. Reducing shift means fall in production. A leading composite mill executive said that post GST, there was a fall in a third of Surat synthetic fabric production.
