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Extend the moratorium period for exports, urges TEA


Raja Shanmugam, President, Tirupur Exporters Association has urged the government to extend six-month moratorium on exports, reports Textile Focus. According to him, this will help increase India’s garment supply to international brands post COVID-19. P Nataraj, CEO, KPR Mills, also expects India’s garment and textile exports to increase from last year. SP Apparels has asked Carter to produce new fabrics as it aims to move its production from China to India. Similarly AEPC has collaborated with Taiwanese and Korean entities to develop fabrics from manmade fibers.

During the year ended March 2020, exports by Tirupur garment exporters declined from Rs 26,000 crore to Rs 25,000 crore as COVID wiped away most exports in March. The city had originally aimed to export clothing worth Rs 28,000 crore clothing. Its domestic sales too remained flat during the year.