TIRUPPUR: After weathering the twin challenges of Covid-19 pandemic and the Russia-Ukraine war, India's knitwear hub Tiruppur in Tamil Nadu seems to be on the path of revival, with exporters pinning hopes on the positive growth recorded in January to continue its momentum.
Weave revival story as knitwear exports rise 11.6% in rupee terms
Garment exporters in Tiruppur have urged the government and the Reserve Bank of India (RBI) to come out with an “Export Refinance Scheme” for banks to augment export credit.
COIMBATORE: Major textile bodies in the region on Wednesday welcomed the Union Budget by terming it as one aiming at strong and stable economic growth. President of Tirupur Exporters Association (TEA) K M Subramanian said the budget mentions the seven priorities "Saptarishi" that would trigger the economic growth.
Tirupur, Feb 1 (KNN) With the union budget laying emphasis on enhancing the yield of Extra Long Staple (ELS) cotton, K.M. Subramanian, President, Tiruppur Exporters Association (TEA) said that it is a long requirement of textile industry which will help to increase manufacturing of value added garments and also reduce the import of ELS Cotton.
TIRUPPUR: The garment sector described the union budget as a mixed bag. Major exporters in Tiruppur welcomed the proposals whereas SMEs expressed disappointment.