Officials of the Dyers Association of Tirupur urged Coimbatore MP K Subbarayan and Tirupur MLA Govindasamy to assist them in getting exemption from penalty on effluent discharge as directed by the court, sources informed.
Experts believe that industry has to bear expense of Rs150 to Rs200 crore. This is apart from compensation of Rs43 crore to be paid to the affected farmers.
Industry is already suffering from financial crises and hefty interest to be paid on the bank loan.
Due to this, knitwear exporters will start to source finished fabrics from the neighbouring countries at an affordable price.