TIRUPPUR
Labour shortage hits Tiruppur apparel units as migrant workers who went home to vote not willing to return Tiruppur, known as the 'knitwear capital' of India, is facing a labor shortage as thousands of migrant workers, who returned to their hometowns to vote in the recent Lok Sabha elections, are hesitant to come back. This crisis arises just as export i...
07 Jun, 2024, 11.55 PM ISTSports apparel maker Technosport raises $25 million in funding from A91 Partners Bengaluru-based Techno Sportswear raises $25 million from A91 Partners for its performance wear brand Technosport, marking its first fundraise.
31 May, 2024, 02.08 PM ISTIndia's textile exports face second consecutive year of decline amid geopolitical strains In the fiscal year 2023-24, exports amounted to $34.4 billion, marking a decline of over $1 billion (3%) compared to the previous fiscal year. Additionally, exports saw a significant drop of 16.3% compared to the fiscal year 2021-22, when the countr...
19 Apr, 2024, 11.44 AM IST- ADVERTISEMENT
Lok Sabha Polls: Closure of textile units, lack of jobs at play in Tiruppur The issues facing Tiruppur's textile and apparel industries have taken centre-stage, as rising raw material costs threaten to wipe out the once thriving micro, small and medium enterprises (MSMEs) that dotted this region. While some units have alrea...
13 Apr, 2024, 10.35 PM ISTLS polls: DMK allots Madurai, Dindigul to CPI(M), Nagapattinam and Tiruppur to CPI The announcement came a month after the ruling party allotted two seats each to the Left parties, who are part of the alliance with Congress and a few other parties. CPI(M) leaders led by State Secretary K Balakrishnan, CPI State Secretary R Mutha...
12 Mar, 2024, 12.40 PM IST'A phenomenal mandate for PM Modi in 2024 election': K Annamalai, BJP Tamil Nadu chief The BJP State President K Annamalai shared his thoughts on the final day of En Mann Ek Makkal yatra in Tiruppur, Tamil Nadu. He expressed amazement at PM Modi's support in the state and believes a phenomenal mandate is coming his way in the 2024 ele...
27 Feb, 2024, 03.43 PM ISTTiruppur stares at labour crisis as UP migrant workers return home The Tiruppur apparel industry in Tamil Nadu is facing a potential labour crisis as thousands of migrant workers from Uttar Pradesh are returning home due to increased job opportunities, particularly after the inauguration of the Ram Mandir in Ayodhy...
03 Feb, 2024, 06.17 AM ISTFortune Park Hotels on expansion mode; opens sixth facility in Tamil Nadu Fortune Park Hotels currently has a presence in five other locations in Tamil Nadu including Vellore, Ootacamund, Madurai, Chennai, and Hosur. "The Fortune Park Tiruppur is our sixth milestone in Tamil Nadu. It is exciting to continue our successful...
26 Nov, 2023, 07.21 PM ISTHigh inflation in US, Europe robs Tiruppur exporters of festive cheer Exporters from Tiruppur, the Tamil Nadu town that accounts for 55% of the country's apparel exports, said global brands have bought low-priced garments like simple t-shirts that cost around $2 per piece, in contrast to fashion garments and jackets p...
20 Nov, 2023, 11.34 PM ISTApparel units suspend production amid decline in orders from global brands More than 20% of apparel exporting units in Tiruppur and Noida have halted manufacturing operations due to a decline in orders from international brands caused by a global slowdown. Medium and small enterprises, in particular, are struggling to serv...
17 Jul, 2023, 11.36 PM ISTApparel exporters in Tiruppur, Noida plan periodic shutdowns About 80% units in Noida have a month's orders in hand, while in Tiruppur, orders have fallen 40-50% compared to the previous year. Tiruppur's exporters said global brands have not placed any major orders for this year's Christmas season. "We are no...
17 May, 2023, 12.24 AM ISTSpinning mills run on all days in India's knitwear hub Tiruppur as Jan growth brings hopes of post-pandemic revival Knitwear exports from Tiruppur in USD terms grew 1.5 per cent at USD 413 million (in January 2023) while overall knitwear exports from the country grew by 0.9 per cent at USD 751 million in December 2022 as against USD 744 million in January 2022....
26 Feb, 2023, 10.57 AM ISTFocus on ELS cotton in the budget can boost India’s garment exports, says TEA “The focus on enhancing the yield of Extra Long Staple (ELS) cotton, a long requirement of textile industry, will help to increase manufacturing of value added garments and also to reduce the import of ELS Cotton,” said KM Subramanian, President, Ti...
01 Feb, 2023, 06.31 PM ISTTextile, apparel units in many states issue Covid advisory The Surat Municipal Corporation held a meeting with representatives of textile and diamond trade to discuss the Covid-19 situation and said it is looking at how to provide booster doses to the workers. The diamond and textile units in Surat together...
27 Dec, 2022, 01.00 AM ISTMadras High Court permits RSS rally at 44 places in Tamil Nadu Justice G K Ilanthiraiyan gave the direction, after pulling up the police department for refusing permission for the rally at 47 places in the state, relying wholly on the intelligence report, which restricted its findings with regard to very few pl...
04 Nov, 2022, 07.09 PM ISTGlobal garment buyers back in Tiruppur as prices dip Exporters said countries like Vietnam, Thailand and Bangladesh were quoting much lesser prices for their garments compared to India which impacted India's export orders.
01 Nov, 2022, 12.42 AM ISTIndia's textiles sector eyeing $100-billion exports in 5-6 years: Piyush Goyal the Minister of Textiles, Consumer Affairs, Food and Public Distribution and Commerce & Industry said manufacturers should start securing cotton to meet their demands. Besides, all those involved with cotton industry should meet to discuss the strat...
27 Oct, 2022, 05.05 PM ISTStates other than BJP ruled, voice for autonomy: CM MK Stalin The Tamil Nadu Chief Minister Stalin had participated in a government event at Tiruppur district of Tamil Nadu and there he said that the voices of autonomy have been raised by all the Chief Ministers across the nation nowadays except the states tha...
30 Jun, 2022, 03.58 PM ISTIndian economy may touch $30 trillion in the next 30 years, says Minister Piyush Goyal Goyal said that if India grows at 8% every year on a Compounded Annual Growth basis, the economy will double in about 9 years’ time at $6.5 trillion and in 18 years from now, it could be $13 trillion. “In 27 years from now, the economy growth can be...
27 Jun, 2022, 11.51 AM ISTWhy are cotton prices skyrocketing? Prices of cotton and yarn are at their highest in 11 years causing panic among garment makers and exporters across India.
31 May, 2022, 07.24 PM IST