Business & Markets News

Surat's textile industry has taken a setback from the economic slowdown just ahead of the Diwali festive season.

The weavers' decision comes as yarn payments are reported to be delayed just before Diwali, according to reports. The headline…

Weavers in Surat, a major textile hub, are facing payment problems and reduced output at the same time.

Industrial units in Surat will receive direct central investment, so they can expand without taking on bank loans that carry…