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Dwindling demand, rise in yarn prices add to woes of textile sector in Surat.Weak domestic demand for man-made fabric (MMF) and inroads of Chinese polyester clothing into India via Bangladesh and Sri Lanka have taken a heavy toll on the country’s largest MMF industry in the city.
Surat’s textile sector 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.
The state government is going to announce a special textile package for Vidarbha next week to promote cotton based industries in the region.A 100 hectares land in the outskirts of Amravati district have been identified which would be developed as the textile hub of the region.Another two textile centres in the region are also being worked out. On the lines of MIDC, a separate Vidarbha Cotton Industrial Corporation (VIDC) is on the agenda.
The chief minister Devendra Fadnavis plans to develop Vidarbha as the biggest textile hub.The purpose is to fold to facilitate cotton cultivators a channelize their products which would be in demand if there are spinning mills and other related small scale industries operating. Secondly, if both cotton cash crop and related industries are functioning it can become a new textile centre.