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CHAMPALAL BOTHRA
India-Pakistan tension: Exodus of migrant workers takes a toll on industryAmid escalating India-Pakistan tensions, thousands of migrant workers have fled Jammu & Kashmir, Punjab, Haryana, and Gujarat, impacting va...- Traders wary of accepting Rs 2,000 notes, seek clarityGold jewellers are insisting that customers buying jewellery for more that ₹50,000 furnish know-your-customer (KYC) documentation, as they ...
- Assam’s ban on selling power loom made Mekhela Sador creates flutter in SuratSurat has been a major supplier of the traditional Mekhela Sador and Gamusa to Assam for quite some time, supplying more than 60% of the to...
- Assam ban rattles Surat’s power loom industrySpeaking to ET from Surat, the general secretary of the Federation of Surat Textile Traders Association (FOSTA), Champalal Bothra, said the...
- Inflationary pressure, less cash in hand hit rural offtake of textiles from SuratThe Surat textile industry weaves about 45 million metres of fabric per day. “Of the total daily production, we are able to sell 2-2.5 cror...
- Dull Diwali for Surat textile mills, orders dip 50% to Rs 8,000 croreHowever, Confederation of All India Traders (CAIT) said that the retailers have huge inventory from last two years which they are clearing ...
- Labour-intensive units step up vigil to allay workers' fearsThe Noida cluster houses 3,000 units and the annual exports are around ₹30,000 crore. Nearly 900,000 workers are engaged at the export clus...
- Textile exporters in Surat in a bind over Afghan crisis; Rs 4,000 crore stuck in pending duesAfghanistan used to buy silk for turbans, textiles and readymade garments such as scarves, dresses and kaftans from India. The Federation o...
- GST: The challenges before India's largest indirect tax reformGST was supposed to untangle the indirect tax regime and facilitate economic growth.
- Assembly polls prop up Surat’s low-cost sari bizTextile traders are expecting to sell saris worth at least Rs 200 crore in these poll-bound states.
- GST has divided Surat: While textile languishes, diamond trade unaffectedThe 0.25% GST levy on rough diamonds is basically meant for tracking the transit of diamonds rather than mopping up any additional revenue ...
- Why GST is a relatively small poll issue for Surat's tradersTraders in Surat are more likely to be swayed away from the BJP by the Patidar quota issue than by the “temporary” impact of GST.
- Demonetisation ground report: Polyester hub in Surat yet to bounce back a year after note banAlmost 400,000 women who would earn Rs 300-800 per day by working from homes —sewing, stitching or pasting diamonds and other embellishment...
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