Although the markets have stabilised following the global pandemic and the textile sector has seen strong growth, certain textile processing facilities in south Gujarat have closed in recent months as a result of declining demand for their goods.
In south Gujarat, there are 400 textile processing facilities, and at least 20 large facilities have closed. The textile dyeing and printing businesses that shut down had a daily output capacity of 1 lakh metres and a monthly revenue of 5 crore rupees.
No shutdown has been recorded in Ahmedabad, though, where there is a collection of about 110 textile production facilities. But, the units in Ahmedabad are significantly scaling back on their operations. “At least 20 textile manufacturing facilities have shut down.” over the recent months. They were major figures. These businesses generated Rs 5 crore in monthly revenue,” stated
