Surat : Post GST, in two fortnights, the prices of polyester synthetic yarn have reached at a new height. The POY prices rose by 7% and yarn manufacturers have increased various deniers prices from Rs 5 to Rs 10 per kilogram in the first sale of August. The powerloom weavers of the city are worried about the hike in yarn prices. Sources said, weavers are already disturbed by 5 per cent GST on job work, 18 per cent GST on yarn and now on the other hand yarn spinners are continously increasing yarn prices. Industry sources said, there is no rational behind increasing the yarn prices, when the companies are well aware of the fact that there is no such movement in the market. The small weavers, who are operating 12-24 powerloom machines are hugely affected by the tax on job work. Now, the increased yarn prices are further cause of worry for thousands of small-time weavers. During last month, before GST, yarn manufacturers has increased the prices of crimp, Roto and FDY deniers based yarn upto Rs. 3/kg. Now, in August first sale, they have further increased yarn prices upto Rs.10/kg. This will adversely affect the industry and the…
Woven fabric exports were down 4 per cent both in terms of shipment and value and 11 per cent in May 2017. Shipments aggregated 361 million sq meters during the month valued at US$268 million or INR1,700 crore. Total domestic production in all sectors was at 5,335 million sqmotres during May, implying exports accounting for about 7 per cent for the month. Unit value realization averaged US$0.74 per sqmetre in May 2017, the same as in May 2016 but down Rs 2 in Rupee terms at INR 47.30 per sq. metre. This May 141 countries imported woven fabrics from India, with Bangladesh being the largest importer, followed by UAE and Sri Lanka. The thee together accounted for 35 per cent of total woven fabrics during the month. In May 2017, 11 countries did not import any fabric from India as they did last year. However, they were replaced by 18 countries which imported fabric worth US$4.6 million this May. Afghanistan, Hungary, Suriname, Lithuania, Malta, Denmark, Austria, Maldives, Nepal and Estonia were the 10 fastest growing markets for woven fabrics, and accounted for 3 per cent of total value exported in May. Cotton Fabrics Dominates Woven fabrics made of 100% cotton…
Abstract: This paper objective is to present Lean Production (LP) as a work organisational model that fosters a sustainable work environment in garment industry. This is achievable through some lean tools and initiatives, described in the paper, that reduce the energy, water consumption, environmental waste, raw materials consumption and improve leanness and agility. Lean Production has been extensively implemented in all kind of industries, responding to customers demand with on time delivery of high quality products at reduced costs, through continuous waste elimination (e.g. over production, raw materials, energy and water more than necessary). These problems were addressed in this study by the implementation of lean tools like cellular manufacturing, single piece flow, work standardisation, just in time production etc. Lean tools bring significant changes in providing smooth process flow and productive operations which in turn gives a remarkable contribution in achieving company’s goals and giving quality products at the right time and at the right place. Introduction In the current era of globalisation, industries are adopting new technologies to producegoods to compete and survive in the market. The most daunting issue faced by manufacturerstoday is how to deliver their products or materials quickly at low cost and with good…
Mr. Vinod Chotani, MD of Sudha Mills India Pvt. Ltd. GST is new buzz word for India but in the world it is following from many years. GST is efficient Tax system where different substitute taxes demolishes and only one single TAX is imposed that is Goods & Service Tax. GST will make our system more transparent and strengthen our economy. In the system of this tax, Our PM Mr. Narendra Modi had given assurance of getting the input credit money within 7 to 10 days. 2- Mr. Shiv Kanodia, Ex- Hon General Secretary, Bharat Merchant Chamber GST is something new, as a association GST has a diversified view. Every Association has their different point of view. Textile Industry is very complex as far as its diversity is concern. So some people are against GST as we Indian not adopt change easily, but it’s gradually effective in future. GST close down Multi Window Taxation, it must came much before. Textile Industry needs to be organized and adopt changes which ultimate outcome is our nation progress is our progress. 3- Mr. Manish Kumar, MD of Shree Mahavir Textiles GST is good but there are some drawbacks of GST, like we deliver…
MMF traders starts indefinite strike opposing GST : Business losses of more than Rs.1000 crore Country's largest Man-Made Fabric (MMF) production centre, Surat is come to a grinding halt as over 70,000 textile traders has started indefinite strike against the Goods and Servives tax (GST) regime. Earlier in June, Textile GST Sangarsh Samiti (TGSS) has demanded exemption from GST and had kept total 4 days of strike. But when central government has not given any relief and refused their demand, the samiti has called indefinite strike from July 3. The entire textile industries including weaving, processing, trading is adversely affected and incurred business losses to the tune of over Rs. 1000 crore in total week period. Powerloom weavers and textile traders are unhappy with higher tax rates of 18 per cent on yarn and 5 per cent on fabrics under GST regime. On monday(3rd July) morning, the situation at the textile markets on Ring Road was tensed as large numbers of traders gathered to protest against GST. Some group of people and police were enforcing the traders to open their shops and when they refused, police resorted to lathicharge. After the police action, traders shouted slogans against local leaders and…
· In 3 weeks 3 big shows in Surat ie. Garfab ,SITEX 2016, SITME 2016. Textile and Garment technology fair, displayed machines are Embroidery, high speed weaving, digital textile, processing, yarn predatory machine, spare parts etc category. · Embroidery patch work and Lace in demand in sarees. Surat traders got orders from Punjab, Delhi, Rajasthan, Haryana. Not good wedding season, for summer season soft / pastel colours in demand. 60gms soft polyester, georgette, shiffon, net fabrics, dyed, printed fabrics, Printed, sibori, tie and tie is in demand. Sarees with pastle colour & dark colour blouse in demand which is selling at Rs. 500/700 to Rs. 1500/2000. Surat traders are not working without catalog, as retailer asking for 12- 16 set of catalog. · Central government reduced custom duty from 5% to 2.5 %. So imported fibers, Fabrics will be in demand, importing fabric and exporting garments / made ups will be highly beneficial to exporters. But this will affect domestic fiber, yarn and fabric manufacturer/ suppliers. · Central government levied duties on synthetic fibers. But who makes the PSF & PFY through waste plastics, they are also into radar. If company takes CEN VAT then its 12.5 % excise duty…
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