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

0
393

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.

Căutare
Categorii
Citeste mai mult
Fashion Media & Publications
USDA Launches Cotton Revival Plan
The U.S. Department of Agriculture (USDA) has launched the Great American Cotton Plan, a...
By Textile Insights 2026-06-01 10:16:17 0 317
Fashion Media & Publications
Cabinet clears Rs 56.59 billion Mission for Cotton Productivity to boost output by 2031
The Union Cabinet chaired by Prime Minister Narendra Modi has approved an outlay of Rs 56.59...
By The Indian Textile Journal 2026-05-18 09:43:20 0 774
Fashion Media & Publications
Indian Textile Industry Pushes Back Against Proposed Anti - Dumping Duty on MEG - Warns of MSME Fall
India’s textile and apparel industry has mounted a united, pan-India opposition to the...
By Textile Value Chain 2026-04-01 08:50:45 0 813
Fashion Media & Publications
Caught In The Squeeze: Rising Cotton Costs Weigh On India’s Spinning Mills
India’s textile value chain is facing renewed pressure as a sharp rise in cotton prices...
By Textile Insights 2026-04-24 12:16:13 0 2K
Fashion Media & Publications
India’s Cotton Carry-Forward Stocks Seen Rising 42% on Surge in Duty-Free Imports
India’s cotton carry-forward stocks for the 2026-27 season are projected to rise by around...
By Apparel Resources 2026-06-17 12:04:37 0 666