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 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silvia Venturini Fendi
Fendi s.r.l

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

January 2017

January 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