The Tiruppur Exporters’ Association has welcomed the announcement by the Central government on extension of the Emergency Credit Linked Guarantee Scheme for five years.
CHENNAI: The sharp spike in cases in Tiruppur has wreaked havoc for the textile industry. With no drop in cases, the administration has imposed a strict lockdown in the city, where one of the biggest textile manufacturing clusters in the country is located.
The knitwear units in Tamil Nadu’s Tiruppur (known as the Knitwear Capital of India) have the potential to emerge as the global capital of casual dress manufacturing if Government of India comes forward to help the entrepreneurs facing liquidity problems caused by the pandemic, according to a leading industrialist.
Coimbatore, May 5 (PTI) Tirupur Exporters' Association (TEA) Wednesday sought relaxing of COVID-19 restrictions between May 7 and May 20 for the benefit of exporting units and job-working units during the period.
Chennai: Cooped up Indians purchased more knitwear during last fiscal which saw garment makers from Tirupur earn Rs 30,000 crore. And for the first time, domestic sales pipped exports which remained unchanged at Rs 25,000 crore in a truncated fiscal which saw lockdowns for nearly 2 months due to the Covid pandemic. Garment production increased 12% by volume.
Coimbatore, May 27 (PTI) Tirupur Exporters Association (TEA) on Thursday requested Union Finance Minister Nirmala Sitharaman to announce an economic stimulus package for MSMEs in Ready Made Garment (RMG) Sector.