Surat Textile Markets Close 2 Days Weekly Amid Iran War Fallout, Rising Costs

• Surat's textile processing mills will close two days a week due to rising costs, supply disruptions, and weakening demand.
• The decision by the South Gujarat Textile Processors Association (SGTPA) aims to control output and limit financial losses.
• The West Asia war has disrupted supply chains, spiking prices of petrochemical-based raw materials, chemicals, and gas.
• Energy-intensive textile processing is vulnerable to fluctuating fuel supplies and rising gas prices, squeezing profit margins.
• Weakened domestic and export demand, coupled with labor concerns over reduced workdays, adds to the industry's stress.