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Tirupur, the main hub for knitwear in the country witnessed growth in its garment exports by 16.3 percent to Rs23,050 crore in fiscal year 2016. It contributes nearly 90% of total cotton knitwear exported from the country.
A Sakthivel, President of Tirupur exporters association opined that exports from Tirupur would sustain growth in the current fiscal too following good demand from EU and this can be doubled if the Free Trade agreement (FTA) is finalized.
They have seen growth in Europe and getting new buyers. Exports can jump to Rs.50,000 crore if the FTA with EU is in place.
