Coimbatore, May 10 (PTI) Tirupur Exporters’ Association (TEA) on Tuesday appealed to the textile mills associations like Southern India Mills’ Association (SIMA) and Indian Texpreneurs Federation (ITF) here and Tamilnadu Spinning Mills Association (TASMA) in Dindigul to request their members to revoke the cotton yarn price hike of Rs 40 per kg for all counts immediately and restore to April level.

The Tirupur Exporters’ Association (TEA) on Wednesday wrote to heads of all the banks seeking help to tide over the financial crisis faced by the knitwear exporters, mostly small units, who are reeling under the high yarn prices.

As Sri Lanka reels under the ongoing economic crisis, Tiruppur-based garment exporters are expecting that international apparel buyers might shift their orders to India, Tiruppur in particular.

Coimbatore: Tiruppur Exporters’ Association (TEA) on Monday appealed to the finance ministry to start a rupee-rouble payment mechanism with Russia.

திருப்பூர்: பஞ்சு விலை தொடர்ந்து அபரிமிதமாக உயர்ந்து வருகிறது. ஒரு கேண்டி (356 கிலோ) பஞ்சு விலை ரூ.95 ஆயிரத்தை எட்டியுள்ளது. இதனால் நூல் விலை கடுமையாக உயர்ந்துள்ளதுடன் ஜவுளி, ஆடை உற்பத்தி செலவினம் அதிகரித்துள்ளது. 

Coimbatore: Amid the ongoing Russia-Ukraine war, the Tirupur Exporters' Association (TEA) on Monday requested the intervention of Union Finance Minister Nirmala Sitharaman to immediately commence the rupee-rouble mechanism with Russia to receive export proceeds.