The Surat Textile Market buzzes with activity. It’s filled with around 70,000 shops in over 215 markets. As sales slow down, it’s key to know when the market closes and opens. This info is super useful as holidays come, boosting the need for textiles. The market is open six days a week. Understanding when it closes helps make your trip better. In this article, we’re going to tell you all about the market’s schedule and holidays. This way, your visit will be right on time and fruitful.
Key Takeaways
- The Surat Textile Market hosts around 70,000 shops.
- Operating six days a week, it follows specific closure days.
- Closure details are crucial during the festive shopping season.
- Sunday openings are extended until Diwali as per FOSTTA announcements.
- Annual turnover of the Surat textile market is around ₹5 billion.
Overview of Surat Textile Market
The Surat textile market is a dynamic place where old meets new. It offers a wide variety of textile products. This market is key in India’s textile scene because of its huge production and product range. Every day, Surat produces 30 million meters of raw fabric and 25 million meters of processed fabric. This makes it a major player in the textile industry.
Traders from all over India visit the market for its wide range of textiles like saris, garments, and embroidered fabrics. Surat’s textile industry thrives thanks to a large workforce of about 600,000 power-looms and skilled workers. These workers, from areas like Orissa, Bihar, and Uttar Pradesh, create about 300 million meters of cloth every day.
The market is also known for its export strength, especially in saris, valued at Rs 30,000 million. The embroidery sector has grown by 10% recently. This growth reflects changing preferences of buyers, both in India and abroad. Surat’s synthetic fabric sector emphasizes its importance, weaving 900 crore meters annually. These fabrics, worth Rs 15,000 crore, serve major Indian markets.
European buyers are now showing interest in Surat’s textiles, hinting at new business opportunities. Despite recent floods causing losses over Rs 100 crore daily, the industry’s resilience is evident. The market’s significance stretches beyond local jobs to affect the economy widely.
Operating Hours of Surat Textile Market
The Surat Textile Market has set hours for both traders and customers. This helps everyone plan their visits well. Knowing the opening times is key to navigating this busy textile hub.
Typical Weekday Timings
From Monday to Saturday, the market is open from 10 AM to 9 PM. This 15-hour period gives vendors and buyers a lot of time for transactions. It’s why the market is so popular with locals and visitors.
Saturday and Sunday Operations
Usually, the market is closed on Sundays. However, things change during the festive season, especially before Diwali. The Federation Of Surat Textile Traders Association (FOSTTA) decided to keep the market open on Sundays then. This move helps traders meet the surge in shoppers and grow their businesses.
When is Surat Textile Market Closed?
The Surat Textile Market is a key place for buying and selling fabrics in India. It closes on certain days. It’s important to know these days for planning trips and work.
Understanding Closure Days
This market is usually closed on national and local holidays. One such day is on November 5. Closing days might change every year. They match local and national holidays. This helps celebrate community events while doing business.
Special Holiday Observances
Holidays are important for the market. They show its respect for culture. Traders often ask for breaks during festivals. This shows support for local traditions. It makes the market feel like a community. It also changes closing times. Thus, traders can enjoy festivals without worrying about work.
Holiday Schedule of Surat Textile Market
Planning your visit to the Surat Textile Market? Knowing the holiday schedule is key for traders and customers alike. The market changes to meet its trading community’s needs. Recently, FOSTTA announced important holidays that will change the market’s schedule. These updates help traders and visitors make the most of their time in this busy textile hub.
Recent Announcements from FOSTTA
FOSTTA’s latest news talks about adjusting trading days for holidays. This makes operations smoother in the surat textile market. Traders learn how to handle their inventory and visits better. For example, the market closes on big public holidays. This affects the market’s holiday timings a lot.
Upcoming Holidays to Note
If you trade in the surat textile market, remember these holidays as they impact the market. The market has about 70,000 shops and makes around ₹5 billion a year. Knowing when holidays are helps with sales and managing inventory. Events like local elections can also close the market temporarily. Being informed is key for trading success in Surat’s lively textile market.
