Surat Textile Industry Set for Boost with Over Rs 600 Crore Investment in Machinery

Surat, the textile hub of India, is poised for a significant growth spurt with a projected investment of over Rs 600 crore in digital printing and advanced embroidery machines. This surge in investment follows the resounding success of the Surat International Textile and Machinery Exhibition (SITME) 2024, organized by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) and the Surat Embroidery Association (SEA).

“The upcoming investment in textile machinery will propel Surat’s garment industry to new heights,” remarked Ramesh Vaghasia, President of SGCCI.  The recently concluded SITME exhibition witnessed a phenomenal response, attracting over 20,000 visitors from across the nation.

The exhibition showcased a diverse range of machinery, priced from Rs 13 lakh to Rs 1 crore.  Exhibitors reported a positive outlook, with many anticipating orders for four to five machines in the coming month.

One exhibitor, who displayed four state-of-the-art embroidery machines valued between Rs 10 lakh and Rs 50 lakh, shared his experience. “Participation in SITME allowed me to connect directly with buyers from various Indian cities,” he stated. “Based on the genuine inquiries received, I expect to secure a total of 26 machine orders within the next month.”

He further elaborated, “There’s a strong possibility of receiving orders for 20 advanced embroidery machines, each valued at Rs 40 lakh.  In total, I anticipate securing orders exceeding Rs 10 crore within the next month due to my participation in SITME.”

The SGCCI is actively pursuing the establishment of Surat as a hub for textile machinery manufacturing, aligning with the government’s Make in India initiative.  “While Juki Company is setting up a garment machinery plant in Ahmedabad, Surat is also striving to manufacture readymade garment-making machinery,” explained Vaghasia. “The SGCCI’s efforts aim to benefit the entire garment industry.”

This surge in investment and the SGCCI’s commitment to domestic manufacturing bode well for the future of Surat’s textile industry. The city is well on its way to solidifying its position as a leading center for textile production and innovation.