Business

Surat: Durga Puja, Dussehra-Diwali shopping boom in textile markets

Traders hope that this season will break the record of last 10 years

After the slowdown in the textile market of Surat for the last 8 months, there has been a stir about Dussehra and Diwali shopping. Traders expect to break the record of the last 10 years. There was a slowdown in the textile market for the last 2 years and especially for the last 8 months. It was only last Diwali. At that time traders expected the uptrend to continue, but with the end of Diwali-Lagansara season, the textile market was slowly slowing down.

Durga Puja celebrated in Bengal is also fiercely bought.

On the other hand traders were suffering due to increase in prices of coal and chemical materials including transport.

Dyeing mills were also operating at 60 per cent of their capacity, but textile traders are saying that now the market is seeing a boom. Traders are getting orders for Durga Puja, Dussehra and Diwali celebrated in Kolkata. Due to which there is an atmosphere of happiness among the traders. Broken traders are hoping to break the trading record of the last 10 years.

Last year there was a boom in Diwali, after that business was slow again

Narendra Sabu, president of Surat Mercantile Association, says there was a slowdown in the market after January. Due to non-receipt of orders, the financial condition of the traders The situation was getting worse. But now there is a stir in the market regarding the purchase. Durga Puja, Dussehra celebrated with great pomp in Kolkata And especially busy in shopping during Diwali. The record of the last 10 years seems to be broken.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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