Surat floods inflict Rs 200 crore loss on textile hub, hitting 26 markets and 1,000+ shops
Torrential rainfall of 12 inches flooded over 26 major textile markets in Surat, damaging fabrics, raw materials and stock across more than 1,000 shops and warehouses. Estimated losses exceed Rs 200 crore (US$20.92 million), disrupting a key node in India's apparel supply chain.
Torrential rainfall flooded over 26 textile markets in Surat, damaging fabrics, raw materials and stock across 1,000+ shops and warehouses, with estimated losses exceeding Rs 200 crore — a significant disruption to India's apparel supply chain.