Articles tagged under: Surat Textile Market

Surat Textile Units Mull Two-Day Weekly Closure Due to Yarn Price Hike

March 21, 2026
Surat Textile Units Mull Two-Day Weekly Closure Due to Yarn Price Hike

Surat: Rising crude oil prices amid the ongoing conflict in West Asia have begun pushing up yarn and raw material costs, putting fresh pressure on Surat’s textile industry and forcing manufacturers to consider production cuts and temporary shutdowns to control losses. Industry leaders say the spike in petroleum-based inputs has sharply increased the cost of man-made fibres (MMF), leading to higher yarn prices and weakening demand in the market. According to industry reports, prices of MMF suc...Read More

PM Modi Holds 3-Hour Virtual Meeting with Surat Textile Industry Leaders

March 06, 2026
PM Modi Holds 3-Hour Virtual Meeting with Surat Textile Industry Leaders

Surat: Prime Minister Narendra Modi recently conducted an extensive virtual meeting with prominent leaders of the textile industry, including representatives from Surat, to discuss strategies for establishing India as a global textile hub. The marathon session, which lasted over three hours, included high-ranking officials from the Ministry of Commerce and Industry and focused on addressing the challenges hindering the sector's international competitiveness. Key Demands for Economic Stability...Read More

Major Fire Breaks Out at Millennium Market-1 in Surat

February 28, 2026
Major Fire Breaks Out at Millennium Market-1 in Surat

Surat: A major fire broke out this morning at Millennium Market-1 near Kamela Darwaja in the Ring Road area of Surat, triggering panic among traders and shoppers. The blaze was reported around 10:30 am, when two to three shops on the top floor were engulfed in flames. Thick plumes of smoke were seen rising from the building, visible from a considerable distance. Owing to the large stock of garments stored in the shops, the fire spread rapidly to adjoining units. Upon receiving information, the...Read More

Gujarat Textile Industry Seeks 10% Export Incentive to Counter US Tariff Hit

August 14, 2025
Gujarat Textile Industry Seeks 10% Export Incentive to Counter US Tariff Hit

Ahmedabad: Gujarat’s textile industry is staring at a crisis following the US government’s decision to impose a 50% tariff on all imports from India — a move that industry leaders warn could push many exporters out of business. Stakeholders are urging the Centre to intervene with urgent relief measures, including a 10% export incentive to cushion the blow. The tariff was announced by US President Donald Trump in two phases — an initial 25% levy on Indian imports, followed by an addition...Read More

Surat textile units hit with retrospective peak hour power tariffs worth ₹60 crore

July 12, 2025
Surat textile units hit with retrospective peak hour power tariffs worth ₹60 crore

Surat: Over 32,000 micro, small, and medium enterprises (MSMEs) in South Gujarat, particularly in the textile sector, have been hit with unexpected electricity charges totaling around ₹60 crore for the past year, a TOI report said. These additional charges stem from newly enforced peak hour tariffs applied to units with low-tension maximum demand (LTMD) connections, including those operating weaving, rapier jacquard, and embroidery machines. As per the report, businesses have received supp...Read More

Major fire engulfs over 10 shops at Awadh Rituraj Textile Hub in Surat

May 16, 2025
Major fire engulfs over 10 shops at Awadh Rituraj Textile Hub in Surat

Surat: A major fire broke out at the Awadh Rituraj Textile Hub in the Parvat Gam area of Surat early this morning, damaging around 10 shops on the fifth floor. About 20 fire trucks from nine different stations rushed to the scene and managed to control the fire within an hour. Fortunately, no casualties were reported as the shops were empty at the time. According to preliminary information, Pinkesh Textile operated on the fifth floor of the building, from shop numbers 3065 to 3075. Suddenly, th...Read More

SGCCI raises concerns over QCO on textile machinery

April 08, 2025
SGCCI raises concerns over QCO on textile machinery

Surat: The Union Ministry of Heavy Industries has proposed the implementation of a Quality Control Order (QCO) for high-speed textile machinery, including weaving machines (looms), their assemblies, sub-assemblies, components, and all types of embroidery machinery. The order, issued on August 28, 2024, states that the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024, will be enforced from August 28, 2025. Once implemented, a Bureau of Indian Standards (BIS) li...Read More