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%.

Search
Categories
Read More
Fashion Media & Publications
ET World MSME Day: How IDBI Bank is transforming MSME financing
Synopsis With digital innovation, deep local insights, and a ‘friends-first’...
By The Economic Times 2026-03-25 09:10:59 0 163
Accessories, Footwear & Leather Goods Companies
Профессиональная подготовка кадров на itecompany.ru
В обстановках электронной трансформации и стремительного обновления технологий ключевым фактором...
By Ivan Popov 2026-04-17 10:02:57 0 152
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)...
By Textile Insights 2026-04-20 06:41:17 0 428
Fashion Media & Publications
Arvind And Peak Sustainability Ventures Launch Indias First Industrial-Scale Cotton-Stalk Torrefacti
MUMBAI — November 17, 2025 — Arvind Limited, one of India’s leading...
By Textile World 2026-03-31 06:17:42 0 585
Fashion Media & Publications
Indias textile exports to 111 countries record 10 pc growth during Apr-Sept-Govt
India's textile exports to 111 countries recorded a 10 per cent year-on-year growth during...
By The Economic Times 2026-03-31 05:16:59 0 356