• Linkdin

TEA banks on upcoming budget to back textiles

29 Jan '08
4 min read

Talking about this sensitive issue, Mr Sakthivel said, “We wish to point out that in previous years, the knitwear units were not having options to recruit only skilled workmen. Usually, the training was imparted to workers in the first six months. It may be noted that only institutes like Apparel Training and Design Centre (ATDC) and APPTEX are giving training to the workforce in Tirupur. Moreover, the number of workers trained by these two or three institutes are not matching the requirement of the industry."

"Another major concern," he stressed, "is that it is not always sure that the migrant workers from southern districts of Tamilnadu would turn up for the work if the monsoon is good in their place and conducive for cultivation. As the turnover is frequent, obviously the industry was facing the labour crunch before appreciation of rupee against dollar."

While discussing about higher financial allocation in TUFs to improve the present condition of textile industry, the TEA President informed, “The higher financial allocation for TUFS would help the banks to reimburse interest to the loan availers which have been due for 3/4 quarters." He further explained, "Once the business is stabilized after taking all positive measures like cost cutting, productivity improvement, reduction of waste, exploration of new markets and application of industrial engineering techniques. Tirupur is always having resilience to come back to their natural spirit and enhance their business level shortly.”

Machineries used in garment industry needs frequent technological upgradation. It's high time that India must focus on manufacturing its own machineries instead of importing them, so as to reduce the expenses.

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search