India’s largest wholesale market for man-made fabric (MMF) in Surat, Gujarat has been suffering with losses due to the indefinite strike by the transport operators in South India. It’s worth mentioning here that the textile tempo transporters have gone for strike earlier this month and due to this, textile traders in Surat are facing lots of problems as their supplies remain stocked.
Arvind Sinha, President, The Textile Association, said, “The textile industry supplies that are meant for south Indian states is almost 15-20 per cent, while the overall situation of the textile industry is functional, yet the consignments that were to reach the southern states are not able to reach there.”
Also Read – Textile tempos not to enter textile market in Surat (India) from April 10
The transport strike called by the tempo transporters is mainly against the 50 per cent hike in the 3rd party insurance premium.
Commenting on the ongoing situation, President of Surat Textile Goods Transporters Association (STGTA), Yuvraj Deshle, said, “We can’t take risk by accepting the delivery of textile goods towards the south Indian states. The truckers’ strike has entered into its third day and it is going to continue till their demands are not met. We have stopped taking bookings for south India.”
Since Surat is one of the largest textile markets in India, the strike has already caused a massive monetary loss. According to the reports, the truckers are still adamant on their demands and situation is not yet under control.
