Karur home textiles units see 35% drop in exports to US

13 Feb '09

4 min read

6. Govt. support to this industry and sets it mind to help we will be out of the woods in say 6 to 8 months.
On the grounds of the package the first one is an eye-wash and there is nothing really in it and second one offers nothing to textile sector.

Mr.M. Nachimuthu, Chairman, Karur Textile Park Limited and Managing Director, Atlas Export Enterprises.
1. Adequate infrastructure, excellence in export hubs such as KARUR, TIRUPUR, MADURAI, KANNUR, JODPUR, PANIPET, LUDHIANA and KEKHRA should be taken up on war footing.
2. Include Home Textile product (Made-Ups)in the Focus Product Scheme.(Though these are made from power looms, because of the uniqueness of these products.

Mr.Prem Anand, Marketing Manager, Amaravathi Textiles, Karur.
1. Invested quite a bit on Technology. This correction phase will give us time to restructure and reorganize ourselves. Explore new markets and opportunities, cost cut and innovate. It is the time to rewind.
2. Stressing the govt. support to bail out this sector.
3. TUF scheme was one of the toughest schemes. Most of us have not got our interest subsidy yet.

Karur Exporters Association

More Textiles News - India...