The TEA President said he had already met Union Textiles Minister Smriti Irani over the issue, with a request to mandate that Cotton Corporation of India ensure availability of enough quantity with desired quality to protect the interests of farmers, the textile industry and also to generate employment.
The government urged to reconsider the decision to reduce the duty drawback to knitwear export sector from 7.6 to two percent as it would hit hard the garment sector in neighbouring Tirupur export garment sector said , Tirupur Exporters Association president Raja M Shanmugham.
It has come as a rude shock to exporters, who are already facing severe competition in the global market, he said and appealed to the government to have a re-look at the issue.
The growth of the industries in Tirupur has also faced many problems in its journey in terms of industrial organization, city infrastructure, natural raw material sources, workforce organization, etc., and the industry has taken efforts at times to solve the problems. Tirupur Exporters’ Association president A Sakthivel has welcomed the NDA government’s maiden Budget as it would benefit the domestic textile manufacturing sector.
