The textile industry in Tamil Nadu seeks export incentives, interest subvention and additional credit support in the upcoming Union budget for 2023-24 financial year. Facing a slowdown in orders from western markets, especially from Europe, due to global economic slowdown and a higher inflation, the export driven Tiruppur knitwear industry urged the Centre to extend credit support for micro small and medium scale units (MSMEs) under Emergency Credit Line Guarantee Scheme (ECLGS). They demanded credit support up to 20% of the existing credit.