Wholesale textile trade picks up

As festival of lights is nearing, wholesale textile trade picks up in Erode Gani textile market where weekly shandy business would be held on Monday to Tuesday night. Usually the shandy would attract traders from many states and many places of TN due to low price of various goods.

As construction work of new market was going on now, 240 wholesale shops were alone functioning in the market and remaining 500 were functioning around the market.

Due to Deepavali season, many from other states came and purchased goods on Tuesday. Of the total Deepavali sales, 70 percent wholesale and 60 percent retail trade were held so far, traders said hoping the trade would touch 90 percent before next week.

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