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Tiruppur garment exports cross 46,000 crore rupees last fiscal year

Reported by Tanvi Pillai (Section Editor) · The Hindu - Business ·

Unconfirmed — Reported by one source so far

Reported by one source so far

Important
Tiruppur garment exports cross 46,000 crore rupees last fiscal yearRepresentative image · Pexels

Garment exports from Tiruppur crossed 46,000 crore rupees during the last financial year. The Tiruppur Exporters Association shared this data at its recent annual meeting in Tiruppur. Association president K.M. Subramanian stated that the hub is exploring the production and export of manmade fibre garments, technical textiles, and performance wear to achieve higher export numbers. He advised exporters to use opportunities from free trade agreements and improve technology adoption to stay competitive. Joint secretary Kumar Duraiswamy noted that international buyers plan to double their supplies from India by the year 2030. Meanwhile, association secretary N. Thirukkumaran reported that knitwear exports grew by 2.49 percent last fiscal year compared to the previous year, despite facing several challenges. Tiruppur currently accounts for 54.74 percent of all knitwear exports from India. Under the Samarth scheme, the region also trained nearly 19,050 people. During the event, Mr. Subramanian launched a redesigned website for the association and presented awards to 24 exporters for excellence in various categories.

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