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Thursday, 19 August 2021 12:16

Surat textile exporters’ payments stuck in Afghan chaos

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The political uncertainty and chaos in Afghanistan is leading to a loss in orders and payments for textile exporters in Surat. As per reports, Surat exporters stand to lose payments worth Rs 400 crore due to the political unrest in Afghanistan. The order comprises Punjabi suits and dupattas made in the city that are in high demand in Pakistan and Afghanistan. More than Rs 100 crore worth of textile products are exported monthly to Afghanistan through multiple routes every month. But it has stopped in the current scenario, says Gurpal Singh, a manufacturer and exporter.

Another manufacturer Ravi Jain adds, many exporters have suffered heavy losses and no one knows when the situation will improve. Narendra Saboo, President, Surat Mercantile Association, opines, the situation might adversely impact the city’s textile business to Afghanistan.