Lack of household in the textile market despite the decline in covid

Although Kovid's power has begun to wane, it is not a household name in the textile market. Only 30 to 40 percent of households are running. Local merchants have fallen into the trap of old collections. Old money is given only if you send new goods to out-of-town traders. Salesmen of traders travel around the country with samples and try to collect money.

Ahmedabad Mahajan has met the Home Minister and formed a 'seat'. In particular, CID men are said to be collecting money from traders in Mumbai, Delhi, Punjab, Chennai and Bangalore who are in arrears. Good traders give money out of fear of the police. But it is not clear whether they have the authority to collect the cloth. Two crore rupees has been collected from the departure of the police and the police are active in recovering the remaining amount.

The prices of each item in the market have gone up by 3 to 4 per cent so people work cautiously and buy only what they need. In some places even in the mills where there are old bookings. Traders there said there was a money crunch and talked of picking up the goods next month. But Milo canceled the extension and canceled their deals.

The mentality of the market has improved a bit but the money rush is so much that people are annoyed. Cash Payment - Merchants take goods sold through RTGS. Process houses currently account for 40 to 5 percent of the work. However they are not in the mood to work.

Despite heavy rains in Ichalkaranji, work has remained the same as there was no damage as the loom was high. Production was ongoing there. Even in Ichalkaranji, the money crunch is tough and the weavers who wanted RTGS case payment there are now lending for 30 to 40 days. About 70 to 80 per cent of Ichalkaranji's goods that go to Ahmedabad are not paid three months in advance. A small interest rate is paid if the details are compromised. Payment position is bad.

Instead of selling goods with RTGS cash, the mills in the South have also started selling goods with 3 days payment. Weavers have become so smart that even if the stock has fallen, they give it by costing according to today's price of yarn. When it comes to cash payment, the deal is settled by going back and forth for two rupees.

At present, the most consumed rayon 3 '' 2 of 20 t20 (15.30 to 15 kg) gray price has gone up to Rs. The price of Rayon Nana 2 (2) is quoted as Rs. In the same way, the price of 20t20, 15t3 poplin has been quoted up to Rs. However, the Garjau Mill, which has a higher production, delivers the goods at a cash payment of Rs. Poplin (૫ ૫ no) (20t 50, 15t3) has last been sold at Rs. Cotton Linen Peak & Peak 5% Linen Good goods go to brands only, it is sold for Rs. Demand for this specialty has grown significantly as a result of recent corporate scandals. At present, there is a good demand for 20t20, 15t3 poplin and some well-known mills are booked for export. The dobies that used to run in the 50s, 60s, 70s and 80s do not have Dobby programs in the final count and now dobies have programs in the 50s and 60s. The currency of Indigo checks, which used to be very much in circulation, is now depleted and all the details are in good stock.

Is done.

Mumbai's payment cycle has improved a lot and people's payments on old goods have gone up by about 50 per cent.

The Mumbai market is slowly regularizing. Ahmedabad's process houses and mills prefer to work in Mumbai as the mindset of Mumbai traders is straightforward. Mumbai: From next August, the Garment Fair will start and we will get an idea next week on the response and the demand for the items and the quality. At present, the demand for Laika based garments is 20 to 30 per cent higher in the market and its currency will gradually increase. It will be convenient for people to wear Laika cloth.

If the third wave of Corona does not come, the market will run well and if the wave comes, the standing deals will be canceled. However, people do not want to fall into the Ramayana of money like before.