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Thursday, December 19, 2024 | 10:32 PM ISTEN Hindi

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Global majors finally return to Tiruppur after a long dry spell

Weave revival story as knitwear exports rise 11.6% in rupee terms

Tiruppur exports feel slowdown, war heat; demand likely to dip by 40%
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Shine Jacob Chennai
Following a gap of several months, global brands like Walmart have started lifting orders from Tiruppur’s garment makers, leading to growth in knitwear exports in January after five months. Knitwear exports from Tiruppur increased 1.5 per cent in dollar terms and 11.6 per cent in rupee terms in January.

According to the Tiruppur Exporters’ Association (TEA), global majors have started placing more orders from the region.
At one point, suffering from the aftershocks of demonetisation and the implementation of the goods and services tax, the garment units in Tiruppur had fallen silent during the pandemic as high yarn prices spun trouble for

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