Tirupur Exporters Association urging Government support to establish housing for migrant workers

0
292

In order to draw migrant workers to the knitwear export hub, the Tirupur Exporters Association (TEA), which is experiencing a manpower crisis, has asked the government for assistance in establishing accommodation facilities for these workers.

Currently, Tirupur can hire more than 1 lakh more workers, according to TEA President K M Subramanian. The demand for a larger workforce, especially migrant labour, is predicted to expand dramatically because to the expected surge in orders following the implementation of impending Free Trade Agreements (FTAs) and Bilateral Trade Agreements (BTAs), according to Subramanian.

Nonetheless, a significant obstacle is the absence of suitable housing options for these labourers. He stated that since this is a labour-intensive industry, it is critical to address this problem as soon as possible.

As a result, the TEA president stated that Government assistance is being sought for the establishment of hostel facilities, with a finance model that includes a 75% government commitment and a 25% industry contribution. According to the TEA president, Tirupur alone accounts for over 68% of India’s knitwear exports, with FY ’25 exports at Rs. 45,000 crore (US $ 5.26 billion), a 25% increase over FY ’24.

By 2030, Tirupur exporters hope to reach Rs 1 lakh crore in exports, with an annual growth objective of 15%. They anticipate that when the India-UK Free Trade Agreement (FTA) is signed and goes into effect by the end of this year, orders will have increased by 10%.

Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
Fashion Media & Publications
EU trade deal will help bring US to negotiating table - Raymond Group Managing Director Gautam Singh
Synopsis Raymond Group Managing Director Gautam Singhania said, "As far as the budget is...
από The Economic Times 2026-04-02 04:57:43 0 233
Fashion Media & Publications
ICT-Textiles Signs MoU With IFBEC For Textile Waste Research
Institute of Chemical Technology (ICT-Textiles) has signed a Memorandum of Understanding (MoU)...
από Textile Insights 2026-04-20 06:41:17 0 428
Fashion Media & Publications
Textile ministry sets up taskforce for sustainable fashion
On National Handloom Day, the textile ministry launched a sustainability-focused exhibition and...
από Financial Express 2026-03-26 07:33:57 0 498
Fashion Media & Publications
Tamil Nadu Leads India’s Textile Exports with 21.84% Share in FY 2024–25
State records USD 7,997.17 million in exports, marking steady growth over four years Tamil Nadu...
από Textile Value Chain 2026-04-06 12:00:41 0 386
Fashion Media & Publications
India textiles sector attracts over Rs 60000 crore investment in 2025
Textiles sector has seen commitments and investments of over ₹60,000 crore in 2025,...
από The Hindu Businessline 2026-04-01 10:44:31 0 353