The Gujarat Spinners Association has promised to supply yarn to garment units in Tiruppur, which is a significant development. The assurance was given recently at an AEPC virtual meeting with members of the association.
According to a report, Apparel Export Promotion Council (AEPC) organised the meeting to discuss availability of yarn for knitwear exporters. During the meet, Confederation of Indian Textile Industry (CITI) Chairman T Rajkumar said around 30 to 40 percent of total hosiery yarn produced in India was being consumed by units in Tiruppur.
He also invited Gujarat spinning mills to tap Tiruppur’s potential. AEPC Chairman Sakthivel said Tiruppur was a good market and invited Gujarat spinners to collaborate with knitwear exporters for long-term development. Saurin Parikh, President of the Gujarat Spinners Association, said that prices had dropped in the last 20 to 25 days, and that many countries, except Bangladesh, had stopped importing from India.