Letter: While the second wave disturbs the economy of the letter, but the diamond sector has witnessed the rotation with exports reaching the pre-covid level.
On the other hand, the textile sector still staggered under slow demand.
This industry hopes for revival because business is increasing, but the second wave of pandemics runs all hope.
Book orders have been with tanked and traders open their store just to follow up with clients to delete previous payments.
The state government has relieved restrictions but because other parts of the country are still shaken under the effect after the second wave, the resurrection is still far away.
“We don’t get customers as a wedding season and Ramazan it’s over.
The only small business we can do now is for Rakshabandhan,” Champalal Bothra, Secretary General of the Federation of the Letter’s Textile Traders Association (FostTA).
“At present, the traders open their store just to restore their old payments,” he added.
Traders who have filled goods for the wedding season now find it difficult to clean inventory.
“Payment of shares sold seven to eight months ago was still delayed.
Every day, I made a call to my client to remove payment but they were also helpless,” said USHAB Bagrecha, a Millennium Textile Market merchant.
He added that many can’t pay just returned stock.
The situation is the same along the road in the supply chain.
Weavers complained that production had been halved because sales were reduced while many embroidery unit owners only closed their units.
“I have five shops in the new Bombay market but because of restrictions, I close everything and move my stock to my embroidery unit,” said Bhavesh Chauhan, another businessman.
He further said that because the lack of order of embroidery machines was also closed.
“Even if someone wants to start something new, it’s difficult because the cloth is not available without paying cash in advance,” he said.
“We haven’t seen time like this because our sales dropped to 25% of what used to be and shares just piled up,” said Ashok Jirawala, President of the Federation of Wevers Gujarat’s welfare association.
“There is no clarity when things will change well because locking is still in many countries and there is fear of the third wave,” he told Toi.