Related Keywords: age old proviso, compelling textile mills, deterrent to growth, economic viability, either scrap or reduce limit, Hank yarn obligation, powerloom, produce mininum hank yarn, Texpreneuers Forum, textile entrepreneurs, Tirupur and its hinterland, TUF scheme
Hank yarn obligation is an age old proviso compelling the textile mills from Tirupur and its hinterland to produce a minimum of 40 per cent of the yarn as hank yarn that deterrent to growth and threat to their economic viability. The textile entrepreneurs want the obligation rule either be scrapped or reduce the obligation limit to 10 percent.
