Tirupur exporters urge banks to cut lending rate

The Southern India Mills' Association (SIMA) and Tirupur Exporters Association (TEA) have hailed the Annual Supplement to Foreign Trade Policy (FTP) 2009-14 announced for the year 2013-14 by the Union Government yesterday.

Garment exporters in Tirupur are probably the happiest lot today. Thanks to DISHA ? "Driving Industry towards Sustainable Human Capital Advancement" ? an initiative sponsored by the Ministry of Textiles, which attempts to educate apparel exporters ...

knitwear and readymade garment capital of India, has reasons to smile. The revival in demand from traditional markets like Europe and the US and rupee depreciation against the US dollar, coupled with expected additional orders from newer markets ...

Bangladesh is a favourite talking point these days in Tamil Nadu's Tirupur, the largest textile exporters' hub in India, on a chance to woo back foreign buyers. A close second is foreign investment in retailing, with special emphasis on groups such ...

Knitwear exporters have expressed their disappointment over the RBI's stand in keeping the key rates unchanged. Reacting to the RBI's credit policy, A. Sakthivel, President, Tirupur Exporters? Association, said that SME units had lost their ...

With the oppressive Sumangali Thittam drawing adverse publicity, spinning mills and garment export units are now looking northwards for cheap labour. More than 25,000 north Indian workers - mostly adolescent girls - work in Tirupur and Dindigul ...

Rupee hit life-time low of 58.98 a dollar before closing at 58.38 Tuesday benefiting exporters; however, buyes have also started askingfor a share in gains Read more on: Rupee | depreciation | exporters | textiles | leather | Tamil Nadu | auto ...

Suggestions in the Reserve Bank of India -appointed G. Padmanabhan Committee's report for improving financial flow to the exporters, extension of financial support from alternative sources, rationalisation of transaction costs and risk mitigation, ...

Twenty-three-year-old S Velmurugan drives his autorickshaw 50-60 km a day in and around Tirupur, carrying neither goods nor passengers, and still earns a daily net income of Rs 400-500. If you are wondering how he makes this money, it's simple. He ...