According to the Tiruppur Exporters Association, the rise in cotton yarn prices and intermittent supply of cotton yarn in the past two months has affected small exporting units in Tiruppur.

There is a lack of a level-playing field due to non-existence of free trade agreements with the European Union, the United Kingdom and Canada, whereas competing countries like Bangladesh, Vietnam, Cambodia, Sri Lanka, Pakistan, Myanmar are now enjoying duty-free status in these markets, TEA said.. TEA requested the government to announce without delay the rates of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP).

The trade body also requested the government to permit extension of Interest Equalisation Scheme for another three years, which will help the MSME exporting units to work out their costs accordingly and strive to take more export orders.