Home / Knowledge / News / Textiles / TEA urges CM to raise textile & garment sector issues with PM
TEA urges CM to raise textile & garment sector issues with PM
13
Jun '11
In view of the Tamil Nadu Chief Minister Ms. Jayalalithaa's scheduled meeting with Prime Minister Dr. Manmohan Singh, the Tirupur Exporters' Association (TEA) has urged the Chief Minister to raise the issue of textile and garment sector, particularly the issues relating to cotton and cotton yarn exports.

Mr. A Sakthivel, TEA's President, has written to Ms. Jayalalithaa, stating that the State of Tamil Nadu has a prominent place in terms of textile and garment production in the country estimated at a value of Rs. 750 billion.

A clear policy needs to be framed to address the issue relating to permitting cotton and cotton yarn exports, said Mr. Sakthivel. He added that such a policy is necessary to protect handloom, made-ups, knitwear and woven garments, in both fronts – domestic as well as exports.

He suggested that bank credit in rupee terms should be made available at seven percent interest to boost the competitiveness of exporting units. He further said that the exporting units would prefer to take loans in foreign currency.

Mr. Sakthivel also asked the Chief Minister to draw Dr. Singh's attention to the imposition of 10 percent excise duty on branded readymade garments. He said that small-scale and lower value garment producers should be exempted from this duty as they are facing problems.

Lastly, the TEA President said that the problem of Tirupur Dyeing factories should be brought once again to the notice of the Prime Minister. During the recent electioneering the Prime Minster had assured that the problem would be taken up.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

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

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

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

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
January 2017

January 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