A delegation comprising leaders from the Tiruppur Exporters’ Association, CITI, TEXPROCIL, AEPC and SIMA have urged Textile Minister Piyush Goyal to introduce ECLGS-like scheme for MSMEs to help units in knitwear sector overcome liquidity crisis. The delegation has also requested the government to remove 11 per cent import duty on cotton. It called for an immediate intervention by the government to protect the textile industry and also save jobs.

The delegation said the game being played by cotton traders is disturbing the entire textile industry, accessories, dyes and chemical suppliers, exports and employment including banks. Garment exporters are being forced to complete orders for the same price as buyers are not willing to raise prices. Compared to the corresponding period last year, knitwear exporters are also receiving lower quantity orders owning to the impact of Russia-Ukraine war.