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Garment makers, textile mills feuding over increased yarn prices

Related Keywords: Garment maker, Textile Industry, textile mill, yarn price

Textile mills have increased yarn prices by Rs 5 per kg for all counts from January 20. Garment manufacturers say that mills are planning to hike it further from the beginning of next month. The Tirupur Exporters' Association (TEA) has urged textile mills to rollback the increase in yarn prices. Mills however defended the move citing high cotton prices.

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