Latest news with #SGCCI
Time of India
a day ago
- Business
- Time of India
Surat to showcase garment push at Yarn Expo 2025
Surat: Targeting the evolving export market, Surat's textile industry is set to promote speciality yarn and garments at the upcoming Yarn Expo 2025, scheduled from Aug 1 to 3. For the first time, the exhibition will feature a strong focus on garments alongside a wide variety of yarns. The event, organized by the Southern Gujarat Chamber of Commerce and Industry (SGCCI), aims to position Surat not just as the country's largest man-made fabric hub, but also as a rising garment manufacturing centre. "In earlier editions, the focus remained primarily on yarn. But this time, we are promoting garmenting in a big way," said Nikhil Madrasi, SGCCI president. "Fashion shows will be held every three hours across all three days to spotlight the potential in garmenting." Now in its seventh edition, Yarn Expo 2025 will feature 85 exhibitors from across India, with an expected footfall of around 25,000 buyers, including international visitors. The event aims to create new business avenues and showcase Surat's growing capabilities in value-added textile products. "Some of the speciality yarn products which will be exhibited include silver and gold zari, Tencel yarn, N-silk, lyocell, zinc linen, carbon fibre, moisture management yarns, biodegradable and hemp yarns, and anti-microbial yarns. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like When Knee Pain Hits, Start Eating These Foods, and Feel Your Pain Go Away (It's Genius) Read More Undo These speciality yarns are particularly useful in the manufacture of silk-replacement fabrics, sportswear, technical textiles, and medical textiles. Many of the yarns are also tailored for export-oriented garment production," said SGCCI in a statement. A special theme pavilion showcasing technical yarns and their applications will be a major attraction at the expo. It will feature innovations such as moisture-wicking sportswear made from nylon, fire-retardant industrial garments, and polyester-based rainwear. The pavilion will also highlight advanced yarns like carbon, polypropylene, high-tenacity nylon, glass yarn, and cotton-based canvas, demonstrating their diverse industrial and protective uses. "The fashion show and variety of speciality yarn will make the show a different event compared to past events. It is an important step towards garmenting and an export-oriented textile business model," said Ashok Jirawala, vice-president, SGCCI.
Economic Times
2 days ago
- Business
- Economic Times
Threading new ties: Surat and Tiruppur explore collaboration to boost India's MMF trade
Synopsis The collaboration will entail Tiruppur exporters setting up a few units in Surat to gain first-hand experience in MMF garment production, while Surat exporters will have the opportunity to learn the nuances of the export culture from Tiruppur. Surat is recognised as India's leading MMF manufacturing hub, while Tiruppur is widely known as the knitwear capital of the country. As geopolitical tensions and US tariffs affect the global supply chain, businesses across the world are looking at new strategies to navigate the disruptions in trade. Against this backdrop, industry associations from Tiruppur and Surat, two major textile clusters in India, are currently engaged in talks to explore mutual synergies that could enhance the man-made fibre (MMF) trade from the clusters are renowned for their expertise in distinct segments of the textile trade. Surat is recognised as India's leading MMF manufacturing hub, while Tiruppur is widely known as the knitwear capital of the country. Members from the Southern Gujarat Chamber of Commerce and Industry (SGCCI) in Surat are expected to visit Tiruppur between August and September this year to have a concrete discussion with the Tiruppur Exporters' Association (TEA) to deliberate further on the matter. 'It has been initiated, and the agenda of the MoU will be discussed during our visit,' said Ashish Gujarati, former president of SGCCI, in a conversation with ET Digital in Surat. 'We are hopeful of signing an agreement a few months after that,' he collaboration will entail Tiruppur exporters setting up a few units in Surat to gain first-hand experience in MMF garment production, while Surat exporters will have the opportunity to learn the nuances of the export culture from sources MMF fabric for the domestic market from Surat. Surat, conversely, has yet to establish its competence in export manufacturing. Register here for the Chandigarh summit on August 7According to Gujarati, such a collaboration can benefit the textile industry in India, not just for the clusters involved. 'It will benefit textile trade overall, not just for Tiruppur or Surat. It can be a 100% win-win; we have investors ready to collaborate with Tiruppur on this initiative,' he Duraiswamy, Joint Secretary of TEA, confirmed that discussions are in progress, noting that Tiruppur can support Surat in identifying markets, understanding buyer standards, and determining fabric requirements to meet international standards, among other aspects. 'These are nuances on which we can educate them. As far as we are concerned, we procure fabric for domestic manufacturing from Surat. It is about complementing each other; such mutual complementarity will benefit both sides,' he expects MMF exports to go up by 20-25% in the next few years if such collaborations pick up momentum. Currently, China leads in MMF production, with an estimated global market share of 72%. India is the second-largest producer, with MMF contributing 17% of India's total textile exports. Experts in the industry indicate that a collaboration between Surat and Tiruppur could lead to significant growth in the MMF sector nationwide. 'By improving product quality and variety, India can increase its share and reach a target of $100+ billion in exports and global MMF trade, currently dominated by China. Each participating cluster benefits from the exchange of specialised knowledge and expertise—for instance, Surat enhances its export-readiness, while Tiruppur gains access to advanced manufacturing techniques in MMF. It will also contribute to increasing value addition within the country, thereby reducing reliance on imports and optimising overall productivity across the textile value chain,' Kanishk Maheshwari, Co-founder & MD, Primus Partners, for these partnerships to be a success, there are certain on-the-ground challenges that must be addressed. Maheshwari noted that cross-regional partnerships face challenges due to lack of established communication platforms, competitive mindsets, and limited history of collaboration. 'Without structured facilitation, trust-building and joint decision-making become slow and inefficient,' he training and R&D centres should be developed, he said, with a focus on MMF textiles and garments. Besides this, facilitating access to technology, financial support for MSMEs, and cluster-specific policy initiatives can also help minimise the challenges that can say the success of this strategic collaboration could serve as a model for other clusters to emulate and learn from. This can pave the way for more innovative thinking in the textile domain. Addressing the challenges while leveraging strengths is crucial for positioning India as a key player in the global MMF apparel value chain.
Time of India
2 days ago
- Business
- Time of India
Threading new ties: Surat and Tiruppur explore collaboration to boost India's MMF trade
Live Events Experts say the success of this strategic collaboration could serve as a model for other clusters to emulate and learn from. As geopolitical tensions and US tariffs affect the global supply chain, businesses across the world are looking at new strategies to navigate the disruptions in trade. Against this backdrop, industry associations from Tiruppur and Surat, two major textile clusters in India, are currently engaged in talks to explore mutual synergies that could enhance the man-made fibre (MMF) trade from the clusters are renowned for their expertise in distinct segments of the textile trade. Surat is recognised as India's leading MMF manufacturing hub, while Tiruppur is widely known as the knitwear capital of the from the Southern Gujarat Chamber of Commerce and Industry (SGCCI) in Surat are expected to visit Tiruppur between August and September this year to have a concrete discussion with the Tiruppur Exporters' Association (TEA) to deliberate further on the matter. 'It has been initiated, and the agenda of the MoU will be discussed during our visit,' said Ashish Gujarati , former president of SGCCI, in a conversation within Surat. 'We are hopeful of signing an agreement a few months after that,' he collaboration will entail Tiruppur exporters setting up a few units in Surat to gain first-hand experience in MMF garment production, while Surat exporters will have the opportunity to learn the nuances of the export culture from sources MMF fabric for the domestic market from Surat. Surat, conversely, has yet to establish its competence in export to Gujarati, such a collaboration can benefit the textile industry in India, not just for the clusters involved. 'It will benefit textile trade overall, not just for Tiruppur or Surat. It can be a 100% win-win; we have investors ready to collaborate with Tiruppur on this initiative,' he said. Kumar Duraiswamy , Joint Secretary of TEA, confirmed that discussions are in progress, noting that Tiruppur can support Surat in identifying markets, understanding buyer standards, and determining fabric requirements to meet international standards, among other aspects. 'These are nuances on which we can educate them. As far as we are concerned, we procure fabric for domestic manufacturing from Surat. It is about complementing each other; such mutual complementarity will benefit both sides,' he expects MMF exports to go up by 20-25% in the next few years if such collaborations pick up momentum. Currently, China leads in MMF production, with an estimated global market share of 72%. India is the second-largest producer, with MMF contributing 17% of India's total textile in the industry indicate that a collaboration between Surat and Tiruppur could lead to significant growth in the MMF sector nationwide. 'By improving product quality and variety, India can increase its share and reach a target of $100+ billion in exports and global MMF trade, currently dominated by China. Each participating cluster benefits from the exchange of specialised knowledge and expertise—for instance, Surat enhances its export-readiness, while Tiruppur gains access to advanced manufacturing techniques in MMF. It will also contribute to increasing value addition within the country, thereby reducing reliance on imports and optimising overall productivity across the textile value chain,' Kanishk Maheshwari, Co-founder & MD, Primus Partners, for these partnerships to be a success, there are certain on-the-ground challenges that must be addressed. Maheshwari noted that cross-regional partnerships face challenges due to lack of established communication platforms, competitive mindsets, and limited history of collaboration. 'Without structured facilitation, trust-building and joint decision-making become slow and inefficient,' he training and R&D centres should be developed, he said, with a focus on MMF textiles and garments. Besides this, facilitating access to technology, financial support for MSMEs, and cluster-specific policy initiatives can also help minimise the challenges that can say the success of this strategic collaboration could serve as a model for other clusters to emulate and learn from. This can pave the way for more innovative thinking in the textile domain. Addressing the challenges while leveraging strengths is crucial for positioning India as a key player in the global MMF apparel value chain.
Time of India
11-07-2025
- Business
- Time of India
32,000 MSMEs get backdated electricity shock
Surat: In a development affecting more than 32,000 micro, small and medium enterprises (MSMEs) in South Gujarat, businesses were hit with additional electricity charges for the past 12 months. Tired of too many ads? go ad free now Industry sources say these charges will total Rs 60 crore and will affect textile units running operations such as weaving, rapier jacquard, embroidery and other industries that use low-tension maximum demand (LTMD) connections. The additional fees stem from peak hour charges, calculated at 0.45 paisa per unit above regular rates. According to DGVCL officials, the average supplementary bill amount is Rs 18,750, to be recovered from 32,000 users. Sources in industry said many users received supplementary bills for more than Rs 40,000. The delay in billing arose because Dakshin Gujarat Vij Company Ltd (DGVCL) did not previously calculate peak hour charges, as the mechanism to collect time data on electricity consumption was not in place. DGVCL started installing new meters and upgrading its IT infrastructure to address this gap. The designated peak hours, according to DGVCL, are from 7am to 11am and 6am to 10pm. Textile units, which typically operate round the clock, are particularly affected, receiving substantial bills for peak hour usage. Conversely, units that do not operate during these hours have to pay less. DGVCL officials said they are complying with directives from the Gujarat Electricity Regulatory Commission (GERC), which mandated the collection of these charges starting June 2024. "We could not collect the peak hour charges earlier as the system was not in place. Tired of too many ads? go ad free now The meter configuration and IT system upgrade took time," said a DGVCL senior official. Following appeals by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) to cabinet minister for energy Kanu Desai, the govt has allowed businesses to pay these charges in instalments without interest. "The minister tried to find a solution, but due to the GERC order, it cannot be reversed. Textile units are the most affected as we operate 24 hours," said Ashok Jirawala, vice-president of SGCCI. "The govt heard us positively and offered solutions, but the issue would not have been created if DGVCL had taken prompt action a year ago. The produced material has already been sold according to the cost calculated then, and in many cases, tenants have vacated rented units, so how does one recover the additional electricity charges," said Mayur Golvala, secretary, Sachin Industrial Co-Op Soc. "There must be a consistent policy related to industries so that we can focus on production and global competition. If we are affected by such unpredictable developments, it becomes difficult to operate," said Chetan Maniya, president of Rapier Jacquard Weavers Association. The rationale behind the peak hour tariff is to incentivise electricity use during periods of higher solar power production, typically the afternoons, thereby reducing reliance on conventional power sources during peak demand.
Time of India
04-07-2025
- Business
- Time of India
Diamond Task Force to promote Surat gems with renewed strategy
1 2 Surat: Amid the ongoing slowdown in global diamond markets, the Southern Gujarat Chamber of Commerce and Industry (SGCCI) on Friday announced the formation of a Diamond Task Force (DTF) to promote the gems and jewellery industry of the city. Dinesh Navadiya, chairman of the Indian Diamond Institute, was appointed chairman of the task force. The meeting discussed strategies to strengthen Surat's diamond and jewellery industry and the activities the DTF can undertake for this purpose. SGCCI president Nikhil Madrasi said, "DTF will focus on vendor development, foreign delegations, exhibitions, and conclaves to boost the growth of the city's diamond and jewellery industry. Events of the scale of the India Jewellery Show will be organised, along with two fashion shows and award functions during the year," Madrasi said. DTF aims to organize at least 10 events. He added that the DTF was formed for the holistic development of Surat's diamond and jewellery industry, technology upgradation, import-export facilitation, expansion into new markets, and increasing international demand. "Buyer-seller meetings and roadshows will be organised at the global level," said Ashok Jirawala, vice-president, SGCCI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it better to shower in the morning or at night? Here's what a microbiologist says CNA Read More Undo Highlighting the priorities, Navadiya said, "DTF will develop branding and marketing strategies to boost demand for Surat's diamonds in domestic and international markets, while also providing guidance and support for skill development, innovation, and smart manufacturing." A diamond manufacturer, Pintu Dholakia, said, "DTF can facilitate delegations of diamond industry leaders to key mining locations." Dholakia highlighted the need to train youth in diamond cutting-polishing, designing, gemology, and finishing, with a focus on new technical processing methods. Short-term courses and workshops will be organized to strengthen the diamond and jewellery industry. President of SDA, Jagdish Khunte, noted that the DTF can help increase global demand for diamonds. LGDA president, Babu Vaghani, emphasized that Surat produces some of the finest jewellery globally, with minimal wastage. Hence, Surat's lab-grown diamond strategy can be promoted globally. The meeting was attended by representatives of the Surat Diamond Association (SDA), Lab-Grown Diamond Association (LGDA), Gem & Jewellery Export Promotion Council (GJEPC), Surat Jewellery Manufacturers Association, Surat Diamond Bourse, Surat Diamond Brokers Association, Surat Diamond Traders Association, India Bullion and Jewellers Association, Varachha-Katargam Jewellers Association, Surat Jewellers Association, and Surat Jewellery Association.
