Related Keywords: against GST on fabrics, countrys largest manmade fabric sector, daily production of polyester fabrics, last fortnight due to agitation by textile traders, pegged at four crore meters per day, producing less than two crore meters per day, production decreasing by almost fifty five percent, Production of grey fabrics, SGCCI, taken a hit in Surat
The production of grey fabrics has taken a hit in Surat, the country's largest man-made fabric (MMF) sector with production decreasing by almost 55 percent in the last fortnight due to the agitation by textile traders against Goods and Services Tax on fabrics. The textile traders keeping their shops shut for three more days following the all India strike announced by traders from Tuesday, according to Industry Sources.
The daily production of polyester fabrics is pegged at 4 crore meters per day. At present, the powerloom sector is producing less than 2 crore metres per day.
