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War Shock Hits Textile Chain

Surat’s textile industry is losing about Rs 100 crore daily as the West Asia war drives cost inflation and labour shortages. Losses have reached Rs 5,000 crore in four weeks across 25,000 units. Yarn prices are up 40%, chemicals 20–60%, coal 35% and freight up to 400%. Over one lakh workers have left due to LPG shortages, pushing labour gaps to 35%.

The wider export sector is also under strain. West Asia, accounting for about 11% of exports, is seeing delays and weaker demand. Rising costs and slowing payments are forcing production cuts, deepening risks across the textile value chain.

The wider export sector is also under strain. West Asia, accounting for about 11% of exports, is seeing delays and weaker demand. Rising costs and slowing payments are forcing production cuts, deepening risks across the textile value chain.

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