New Delhi: Union Minister Piyush Goyal on Saturday said India wants to capture the world market in all sectors and the country would "very soon" become a USD 30 trillion economy from the level of USD 3 trillion at present.
Located nearly 500 kilometres to the southwest of Chennai, Tiruppur is India’s largest knitwear hub. The cluster pretty much came up on its own in what was once an agricultural town.
The Reserve Bank of India (RBI) increasing the repo rate will have a direct impact on the sustenance of MSMEs in the garment sector, exporters from the knitwear hub of Tiruppur said on Wednesday, demanding further infusion of liquidity under the Emergency Credit Line Guarantee Scheme (ECLGS).
The state government has invited 16 members from industrial associations to be part of the technical advisory committee for development of the textile and handloom industry.
After two days’ strike, members of the Tirupur Exporter’s Association were in Delhi on Tuesday to demand the Centre to ban cotton export.
Tiruppur, June 8 (KNN) The Tiruppur Exporters’ Association (TEA) has requested the central government to announce Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 for garment sector which has been hit by a number of factors such as increased cotton yarn prices, geo political tensions, interest rate hike etc.