KTMEA raises concerns over rising costs, labour shortage in textile sector

0
233

The Karur Textile Manufacturers and Exporters Association (KTMEA) has raised concerns over the severe crisis in the textile sector, urging the Union and State governments to support the industry amid challenges arising from the conflict in West Asia. 

Due to geopolitical tensions  involving  the United States, Israel, and Iran the prices of several essential materials required for textile manufacturing including petroleum-based products such as polyester, chemicals used in dyeing industries, polythene, and packing materials have witnessed sudden and steep increases. 

KTMEA president P Gopalakrishnan told reporters that  raw material prices used in textile production had surged between 30% and 60% in recent months.

According to the association, prices of recycled cotton and polyester-blended yarn, which are widely used in the Karur textile sector, had increased by 10% to 20%. If this situation continues, it could severely affect the operations of the Karur textile industry and have a major negative impact on export growth and employment opportunities.

It urged the Union and State governments to introduce support schemes for the industry and take steps to ensure stability in raw material prices.

Addressing the issue of labour scarcity, KTMEA joint secretary A Sethupathi said the shortage had become one of the sector’s most pressing concerns. He noted that many migrant workers had returned to their native places due to elections and other reasons, while participation from local workers had also declined considerably.

Highlighting that the textile industry in Karur provides employment to thousands of people, the association urged both the State and Central governments to announce immediate relief measures and demand interest subsidies and financial assistance for export companies, along with special schemes to address the prevailing labour shortage.

Suche
Kategorien
Mehr lesen
Accessories, Footwear & Leather Goods Companies
Новые стандарты сервиса на morri-games.com
В действующем году гейм платформа мори казино прикрепила за собой статус единственного из...
Von Ivan Popov 2026-04-17 11:22:25 0 225
Fashion Media & Publications
India and Vietnam Deepen Textile and Footwear Cooperation for Integrated Value Chains
India and Vietnam are strengthening their engagement across textiles, leather, and footwear...
Von Textile Value Chain 2026-04-25 10:12:32 0 690
Fashion Media & Publications
A New Approach To Textile Wastewater: Direct-to-Reuse and ZLD at fractional cost by Vimarsh Verma and Haresh Shandilya
India’s textile industry plays a critical role in employment generation, exports, and GDP...
Von The Textile Magazine 2026-03-23 10:16:43 0 470
Fashion Media & Publications
India’s Textile Sector Has Major Growth Opportunity Despite Global Challenges: Nirmala Sitharaman
Climate change, geopolitical tensions and technology shifts may reshape textile trade, says...
Von Textile Value Chain 2026-05-26 09:51:23 0 306
Textile Waste Collectors & Aggregators
Красивые мобильные номера МТС и МегаФон тут
Взрачный мобильный номер - это не попросту благополучное сочетание чисел, а сильный...
Von Ivan Popov 2026-07-11 03:37:50 0 180