• Linkdin

Garment exports from Tirupur decline by 10%

08 Apr '08
1 min read

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

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