Retail News Newsletter Columns Retail Jobs Dictionary Directory Calendar Policies Retail Edge Footprint

Home PageContact Us

Textile processors hike charges by 10-15%
Posted On: 30-07-2013 15:00:00 PM

As per a report in Business Standard textile processing units in southern Gujarat have decided to increase their processing charges by 10-15 % effective from August 1 as per a decision taken by the South Gujarat Textile Processors Association (SGTPA), an association of textile processing units of South Gujarat - mainly in and around the Surat area. The hike in processing charges will be reflected in the price of cloth, resulting in an increase of almost Rs 1.5/- to Rs 2/- per meter. According to the SGTPA, the price of commercial gas had gone up from Rs 11 per cubic meter to Rs 30 during the past two-and-a-half years, while in the last six months the power tariff has increased by Rs 1.50 per unit. Labor charges too have increased by 30-40 % in the past two years. There are around 400 processing units in this area, of which about 350 are active presently. The industry has an annual turnover of around Rs 10,000 crore.

 
 
 

SocialTwist Tell-a-Friend

 

Want more stories delivered to your inbox?
Please sign up here for our free newsletter.

 
retail india Related News retail industry india
retail news videos on retail industries
14 loss-making KBFP stores in Mumbai become high-end supermarkets
Cafe Coffee Day to increase focus on food, home delivery
7th Pay Commission announces a 23.5% increase in salaries
Ikea raises hourly pay for US retail workers
Textile mills look for support to even out flux in cotton prices
retail stores
retail policies
retail suppliers retail classes retail news
retail policies retail news retail india
retail training Current Newsletter retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training (FY 2015 - 16) 3rd Quarter Results retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training Search News retail industry
retail suppliers retail industry growth retail slowdown
latest retail news in your mail

retail industry



 
retail news
About Retail Angle   |  The Team  |  User Agreement   |  Privacy Policy  |  Advertise with Us  |  Feedback  |  Site Map  |  Contact us 
retail industry

indian retail