Garment units in Tiruppur plan meeting with textile mills on Sept. 9 to address yarn price issue
Garment industry associations in Tiruppur are organizing a meeting with textile mills to address the rising cost of cotton yarn. The industry claims that increased exports to China and Vietnam are making domestic yarn prohibitively expensive for local manufacturers.
Why it matters
The conflict highlights the tension between export-driven profits for mills and the cost-competitiveness of the domestic garment manufacturing sector.
Garment industry associations in Tiruppur plan to have a meeting with textile mill associations on September 9 to address the issue of rising yarn prices.
Accordingt to R. Dhamodharan, secretary of the South India Hosiery Manufacturers Association, representatives of nine associations of Tiruppur, including the job workers, had a meeting on September 2 at Tiruppur. “Increasing yarn prices are a growing concern for the garment industry. We had represented to the government, along with the mills, the need to remove the Import Duty on cotton. The government has done so till October. But, we are not getting the benefit of it,” he said.
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