Tiruppur’s NIFT-TEA college of knitwear fashion and AIC NIFT TEA incubation centre for textiles and apparels, and Textile Excellence have signed a MOU to jointly organise the twin exhibitions, DyeChem World and KnitProcess, in Tiruppur, from October 22-24, 2021. The event will be held at the NIFT-TEA compound SIDCO, Tiruppur. SDC has joined as a co-organiser.

The rise in cotton yarn prices and intermittent supply of cotton yarn in the past two months have affected small exporting units in Tiruppur, according to the Tiruppur Exporters Association (TEA), which recently, in a letter to finance minister Nirmala Sitharaman, said lack of trade pacts with major importing countries and regions is also a dampener.

The Tiruppur Exporters’ Association (TEA) has opposed certain amendments announced in the recent Union Budget, relating to import of items used by the garment industry.

The Tiruppur Exporters’ Association (TEA) will appeal to the government to ban yarn exports to control prices in the domestic market.

Tamil Nadu recently announced its new Industrial Policy 2021 to attract investments worth about ₹10 trillion and generate employment for two million by 2025.