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Tiruppur Knitwear Exports Surge 20% To Rs 40,000 Cr In FY25Tiruppur’s knitwear export sector recorded robust growth in FY 2024-25, clocking exports worth Rs 40,000 crore, a 20% increase over the Rs 33,400 crore achieved in FY 2023-24. The performance surpassed the projected 10% growth, with the industry now targeting a 15% rise in the current fiscal year. KM Subramanian, President of Tiruppur Exporters’ Association (TEA), attributed the...0 Comments 0 Shares 787 Views 0 Reviews
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Yarn prices decline bringing relief to Tiruppur knitwear manufacturersCotton yarn prices have registered their first major decline this year, offering relief to Tiruppur’s knitwear and textile industry in Tamil Nadu after months of rising raw material costs that had put manufacturers and exporters under severe pressure. The reduction follows the Central government’s decision to temporarily exempt cotton imports from customs duty between June and...0 Comments 0 Shares 824 Views 0 Reviews