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Olympics has hit Indian Textiles

Written By Views maker on July 17, 2008 | 7/17/2008

The soaring yarn price and dying rate has almost made surat weaving mills to a stand still position. Chinese government has asked many of it's dyes manufacturing units to stop production in order to provide a less polluted environment for Olympics. This has made the textile chemicals to cost more by atleast 25%. This increase in the cost of dyes has been passed on to the textile manufacturers  and exporters. In Tirupur the dyeing units are already facing pollution problem and government has reduced the Dyeing factories capacity to reduce the pollution. The capacity reduction has made the dyeing prices to increase. With the already increased price the increased dyes rate is also added. In Tirupur orders are very less due pricing.