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The global trading environment is very encouraging, as developed countries have increased the pace of vaccination and are reporting lesser numbers of infections.

As the second wave of Covid rages in the country, one sector of the economy seems to be thriving despite all odds. And that is exports.

Large-scale migration following a pan-India lockdown in March last year had not just wrought havoc on the workers themselves but also crippled the production lines of companies, especially in labour-intensive sectors such as textiles and garments, footwear and gems and jewellery.

When Europe gets cold Tamil Nadu sneezes. The adage has been proved again as countries like Germany, France and Britain announced lock down due to Covid-19 pandemic leaving nearly one thousand knitwear units in Tirupur gasping for breath.

Coimbatore, Apr 16 (PTI) Tirupur Exporters Association (TEA) on Friday appealed to Union Finance Minister Nirmala Sitharaman to announce measures, including extension of Emergency Credit Line Guarantee Scheme to the apparel sector to help it come out of the crisis.

Garment exporters in Tiruppur have appealed to Union Finance Minister to announce measures that will provide financial support to the exporting units.

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