Pan-India strike by truckers over six days hits the textile sector hard

The movements of all goods have stopped and shipments are delayed, in addition to exporters' monetary loss, the experts say.

The pan-India strike by truckers over six days has hit the textile sector hard, halting the movement of raw materials and finished products not only for stockists and retailers but also for exporters.

Normally, mills stock raw material for at least a month of consumption but do not hold their finished products, barring some in unavoidable circumstances. 

Spinning mills face no problem in cotton procurement but their yarn's transport to textile mills for fabric manufacturing has been halted completely.

“The strike has hit production, fund flow, employment and the reputation of domestic suppliers and exporters,” says Sanjay Jain, managing director of TT Ltd