Garment exporters in Tirupur are hopeful of bagging more orders in 2023. They expect a 30 per cent growth in orders once the trade agreement between India and the UK is signed.This is expected to bring orders to knitwear exporters all through the year.

Tirupur’s exports of knitwear and garments to the United Kingdom are growing by 20 per cent year on year. About 20 per cent of the knitwear hub’s annual exports of knitwear and garments go to the United Kingdom. Also India’s economic pact with Australia has come into force. Exports to Australia from India crossed Rs600 crores between January 2022 and June 2022. They are expected to have touched another Rs600 crores during the remaining period of the year.With the economic pact having come into effect from December 29, 2022, garment exports from India to Australia are expected to see almost a 30 per cent growth in the first year as Indian apparel products now have duty-free access to Australia.

Though the garment industry in Tirupur is largely cotton-based, manufacturers have started experimenting with manmade fiber and in another three years the share of manmade fiber-based products in Tirupur is expected to go up.