Latest Surat Federation of Textile and Trade Associations News & Updates

Surat, Jan 29 (IANS) Textile traders in Gujarat’s Surat are expecting a major boost to business following the announcement of an indefinite strike by Bangladesh’s textile mills beginning from February 1 this year. The strike has been called by the Bangladesh Textile Mills Association (BTMA) in protest against the duty-free import of low-cost yarn from India, which has severely affected Bangladesh’s domestic textile industry.According to industry sources, the influx of cheaper Indian yarn has mad…