Home / Knowledge / News / Apparel/Garments / Tirupur exports reach Rs 15000 cr in April-Dec '14
Tirupur exports reach Rs 15000 cr in April-Dec '14
Feb '15
Exports from Tirupur, known for knitwear manufacturing, has reached Rs 15,000 crore in the first nine months of the ongoing fiscal year 2014-15, A Sakthivel, president of Tirupur Exporters’ Association (TEA) said in a statement.
The export figure was arrived at after consolidating the bank-wise exports data collected from the banks.
In rupee terms, the export growth in April-December, 2014 compared to the corresponding period of the previous fiscal year was 19 percent, while the same worked out to 18 per cent in US dollar terms, Sakthivel said.
If the same growth trend continues, Tirupur exports would cross Rs 21,000 crore-mark in 2014-15, and could double the export value in three years from the current Rs 18,000 crore to Rs 36,000 crore in 2016-17, the statement said.
Earlier, in its pre-Budget memorandum submitted to finance minister Arun Jaitley, TEA requested the minister to address specific issues like announcement of 3 per cent interest subvention on rupee export credit, import of specialty fabrics without payment of duty under Export Performance Certificate Scheme in which a maximum of 3 per cent of the licence may be allowed for import of fabrics without keeping restriction of 1,000 metre, as synthetic garments have market throughout the year globally.
TEA also urged the government to expedite free trade agreements (FTAs) with the EU and Canada. (RKS)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search