Ahmedabad: The supply shortage and rising costs of chemicals imported from China has led to an increase in the cost of reactive dyes – a raw material widely used by textile processors for dyeing and printing fabrics.
Consequently, textile processing units are also struggling with rising input costs, which is cutting into their revenues.
“The prices of colour chemicals have gone up anywhere between 35%-50% depending on the type of dyes. This has led to an increase in our cost of production significantly,” said Naresh Sharma, owner of a textile processing unit in Narol.
Gujarat is home to more than 650 textile processing houses, most of which do job work outsourced by apparel manufacturers as well as merchant exporters. Rising prices of reactive dyes are also denting the revenues of processors. “Thanks to elections and an overall slow pace of economic activity, we cannot pass on the additional costs onto clients, else we will lose business,” said Nitin Thaker, president, Ahmedabad Textile Processors’ Association (ATPA).
Published On : 30-04-2019
Source : Times of India