The record
Written from the 1 report below. Nothing here is unsourced.
- Garment industry associations in Tiruppur are concerned about rising yarn prices, which they say are hurting their competitiveness.
- They met on September 2 and formed the Joint Committee of Tiruppur Textile Cluster, inviting four textile mill associations for talks on September 9.
- They say cotton yarn in Tamil Nadu costs ₹18 to ₹20 a kg more than in Gujarat, and despite the government removing import duty on cotton till October, they are not getting the benefit.
- They plan to discuss solutions with the mills and then represent the issue to the Central and State governments.
What to watch next
- Outcome of the September 9 meeting between Tiruppur garment associations and textile mill associations
- Whether the associations make representations to the Central and State governments on yarn prices
- Continued rise in yarn exports to China and Vietnam and its impact on domestic garment competitiveness
Coverage1
1 report
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Named India · Ministry of Trade and Industry · Joint Committee of Tiruppur Textile Cluster · R. Dhamodharan · South India Hosiery Manufacturers Association
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