Garment exporters in Tirupur thank Tamil Nadu CM
... -
January 21, 2022 Coimbatore, Jan 20 (PTI): Tirupur Exporters’ Association (TEA) on Thursday thanked Tamil Nadu Chief Minister M K Stalin for raising the issue over price increase of cotton and yarn with Union Textile Minister Piyush Goyal.
In a statement, TEA president Raja M Shanmugham said he had written to Stalin to address the issues like removal of duty on import and export of cotton to control the prices.
He expressed confidence that the Central government would take quick action and protect the value-added garment sector and the workers.
The Chief Minister has urged the Centre to avert a crisis gripping the powerlooms, apparel and home textile units owing to the 11 per cent import duty.
These units may soon become unviable resulting in closure and consequent large-scale unemployment and industrial unrest in the State, he has said. “I request you to urgently intervene in this matter to resolve this precarious situation that has widespread ramifications,” the Chief Minister told the Union Textile Minister. PTI NVM NVG NVG
Most viewed
- Amid weak demand, cotton price surge adds to woes of yarn mills
- Centre willing to procure jute and cotton crop if prices fall below MSP : Goyal
- BTMA signals minimum wage structure for cotton textile sector within next two weeks
- ASEAN delegation to visit India on 17 Feb for FTA review
- State further subsidises power supply to textile industry till 2028
- Bank fraud case: Textile baron Neeraj Saluja sent to 5-day police remand
- New MSME payment rule leads to many cancelled orders
- Boosting trade relations with India
- India’s cotton yarn exports to surge by 85-90% in FY2024: ICRA
- Bhiwandi Textile Firm Owner Flees After Duping 13 Manufacturers of Rs 58.55 Lakh
Short Message Board
Cotton Live Reports
Visiter's Status
Visiter No. 31703908Saying...........
Miller-s Law: Exceptions prove the rule - and wreck the budget.
Tweets by cotton_yarn