India International Knit Fair, to be held in Tiruppur from February 17 to 19, will have more than 50 buyers and over 100 buying agents visiting the event.
While the manufacturing units in Coimbatore have welcomed higher allocation for the industries in the State budget on Friday, the micro industries have expressed disappointment over lack of announcements on industrial estates for the sector.
Ravi Capoor, Secretary (Textiles), has urged the industry to diversify to polyester textile products to boost exports.
Finance Minister Nirmala Sitharaman on Friday said that she is open to more tweaking inside and outside the Budget for economic growth based on the feedback given by economists and experts.
Sluggish global and local economic conditions continued to dent India's external merchandise trade, as both exports and imports inched lower in January.
Mega parks will help country scale, spurring cost effectiveness: Textiles Secretary