Home / Knowledge / News / Apparel/Garments / TEA bats for count & month-wise yarn export cap
TEA bats for count & month-wise yarn export cap
21
Mar '11
Mr A Sakthivel
Mr A Sakthivel
The Tirupur Exporters' Association (TEA) has suggested that the export of cotton yarn should be capped at 600 million kg for the current financial year, and that even a monthly quota should be fixed alongside a count-wise export cap.

TEA President, a Sakthivel said that, a month-wise calibration is needed for circumventing the abnormal rise in cotton yarn prices in the local market, and also to ensure adequate supply of cotton yarn to the downstream industries.

He said that, as the cotton season starts in October only, permission for cotton yarn exports should be granted from January to December.

Further that, no exports should be allowed in the count range from 1s to 40s, and even in unavoidable situations, exports should be allowed only to the extent of the 20 percent of the volume decided in this count range, he added.

It the government lacks the will to cap cotton yarn exports, it would badly hit the downstream industries, particularly the knitwear garment exporting units, and would straight way benefit the competing nations involved in this trade.

He added that, with such competitive benefits those countries would extend strong competition to India's knitwear garment export in the international markets.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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