President's Message

K. M. Subramanian

 

On 14th August, 2025, Hon’ble Chief Minister of Tamil Nadu Thiru. M.K. Stalin met with representatives of various Exporters’ Associations across Tamil Nadu to understand the possible impacts on the export industry following the recent tariff hike imposed on Indian goods by the President of United States of America and to explore how the Government of Tamil Nadu could offer support to the exporters.

The meeting was attended by the Hon’ble Chief Minister of Tamil Nadu, Thiru. M.K. Stalin, Deputy Chief Minister, Thiru. Udhayanidhi Stalin, Minister for Industries, Dr. T.R.B. Raja, Chief Secretary, Thiru. N. Muruganantham, IAS, and Secretary to the Department of Industries, Thiru. V. Arun Roy, IAS. On behalf of our Association, General Secretary Thiru. N. Thirukkumaran and Joint Secretary Thiru. Kumar Duraiswamy participated in the meeting.

They briefed the Chief Minister on the current export scenario in Tiruppur and mentioned that the total export trade for the last financial year amounted to ₹44,747 crore, of which 35% was exported to the United States. Due to the tariff impact, many companies are not only losing significant business opportunities but are also facing difficulties in shipping goods that have already been prepared. Additionally, the need to offer heavy discounts in such situations may result in considerable losses, potentially destabilizing the operations of these businesses.

Given the urgency of the situation, TEA urged the State & Central Government to

• Grant a two-year moratorium for MSME exporters on repayment of principal amounts of bank loans.
• Provide a special emergency credit facility for exporters.
• Offer subsidies to develop infrastructure for accessing alternative markets to offset U.S. business losses.
• Reinstate the 5% interest subvention scheme that was available until December last year.
• Introduce a Scheme in place the TUF
• Support for India–EU FTA and Enhanced Market Access under MAI Scheme
• Exclude Embroidery Machines, Speciality Yarn and Fibres from QCO
• Reclassify Hostel Infrastructure to Industrial Category
• Waive off Road Tax for Worker Transport Buses
• Address delays and Penalties due to Export Goods being held during transportation

The Chief Minister assured the delegation that he would take up the matter immediately with the concerned Union Minister and advised the Chief Secretary to write to the Central Government seeking urgent intervention.

Tiruppur Exporters’ Association expressed its sincere gratitude to Hon’ble Chief Minister for offering the full support of the Government to the exporters at this crucial juncture.