Thursday, December 01, 2011

Surat-Hyderabad flight next on cards

Surat: As the diamond city gears up to embrace air connectivity to Hyderabad, the two major business sectors of the city - textiles and diamonds - are upbeat. A regular flight connecting the IT capital to Surat would go a long way in increasing trade volumes in both textiles and diamonds.
Textile market of the city is highly connected with textile market of Hyderabad and Surat brand saris are a rage in that southern market. At present, out of Rs 110 crore daily textile sales of the city nearly 10 per cent is sold in Hyderabad and nearly 23 per cent is sold and supplied in South Indian market. In other words, textile trade with Hyderabad is about Rs 300 crore per month.
Devkishan Manghani, president of Federation of Surat Textile Traders Association (FOSTTA) said, " We want SpiceJet not to stop at Hyderabad but link this flight to Chennai on one side and Bangalore on other side. Our federation will meet the airline people when they are here and make a presentation on the issue."
Similarly, diamond barons of the city too have a very good client base at Hyderabad.
30/11/11 Himansshu Bhatt/Times of India
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