by Millionaires | Jul 10, 2020 | Industry And Cluster, News & Insights
The first blow was demonetisation; then came the Goods and Services Tax (GST); and now the COVID-19 crisis seems to be the final blow. Surat, known as India’s cloth city, was somehow able to limp back to health after the first two. But the third looks like...
by Millionaires | Jul 8, 2020 | Industry And Cluster, News & Insights
More than the coronavirus pandemic, the local nylon spinning industry is facing a severe threat from China. Along with the sharp fall in demand and with powerloom units still to restart, the existence of Surat’s nylon yarn spinning industry is being threatened...
