CITI, SIMA, Tirupur Exporters’ Association seek government intervention as lint cotton prices cross ₹90,000/candy.
There is no reliable data available regarding the stock with the kapas traders, ginners or cotton traders.
Coimbatore, Mar 23 (PTI) Export of knitwear from Tirupur, near here, clocked US $ 4 billion this financial year, Tirupur Exporters Association (TEA) has said.
Gave a representation to FM Nirmala Sitharaman in Chennai.
Exporters from Tirupur say that the deal can help them compete with China and Bangladesh.
Though the knitwear exports from Tirupur is poised to cross Rs .32,000 crore this financial year, the exporters have expressed apprehension of an adverse impact in the wake of invasion of Ukraine by Russia.