Farmers’ agitation in Punjab hits Surat textile supplies

Textile traders in Surat are worried about the continuing farmers’ agitation in Punjab since it is having an effect on their business. Over the past few weeks, new orders have ceased to arrive, and the protest has closed two important markets that allow Surat textiles to reach Punjab.

According to traders, Punjab typically receives Rs 50 crore worth of textile products every day, but this has now decreased by half since bulk stockists are reluctant to place new orders. The protest is causing difficulties in Ambala and New Delhi, which handle a significant amount of the supply to Punjab’s local markets.

Local textile traders have said that the inability of traders and retailers from Punjab’s rural districts to access local markets further disrupts the flow of commodities and makes bulk suppliers hesitant to take on new orders.

Due to their diversity and reasonable price, women’s dresses and suit material, which are a main supply from the city to Punjab, are in high demand. It is anticipated that the trade will suffer more if the protests last for a few more weeks. Given the history of interruptions brought on by previous rallies in Punjab, traders are worried.

Champalal Bothra, chairman of the Textile Committee at the Confederation of All India Traders (CAIT) has said that orders for post-winter products ought to have begun by now, but the market is already sluggish following the wedding season. They have been slow, though. Delays in payment for materials that have already been given are another concern for traders.…Read more by