Home / Knowledge / News / Textiles / Garment exports from Tirupur decline by 10%
Garment exports from Tirupur decline by 10%
08
Apr '08
Shri. A. Sakthivel, President, TEA said as has been mentioning through out the year, during the Financial Year 2007-08, the exports from Tirupur has declined by 10% and clocked Rs. 9,950 crores as against Rs. 11,000/- crores registered in 2006-07.

It may be noted that the consolidated export figure has been arrived based on the figures provided by Tirupur based banks.

Shri. A. Sakthivel added that Tirupur was usually experiencing 15% growth after abolition of quota and if the decline of 10% in 2007-08 is included, then the total export loss from Tirupur is 25%.

Shri. A. Sakthivel has also requested the Central Government for removal of Fringe Benefit Tax, payment of all Service Taxes, reduction of interest rates and refund of state levies and taxes.

The 10% decline in Tirupur Export has happened first time in the history of Tirupur exports since 1985. Due to this, there will not be any off take in the TUF Scheme for modernisation / expansion of the garment units.

Tirupur Exporters Association


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Karan Arora
Karan Arora

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

Sanjukta Dutta
Sanjukta's Studio

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search