President of the South India Hosiery Manufacturers Association, A.C. Easwaran urged the Center to check garment imports from Bangladesh and ban cotton exports when the new cotton season starts from October 1.
According to the South India Hosiery Manufacturers Association, about 40% of Tiruppur hosiery manufacturing units supplying the domestic market have shut down due to lack of orders.
In the memorandum given to the central government, the president of the association, A.C. Easwaran said several units in Tiruppur are shutting down production due to a drop in orders. The value of clothing imports from Bangladesh has increased 15 times in the last six years. In 2016-2017, apparel worth ₹288 crore was imported and in 2022-2023, it was around ₹4,500 crore. When India signed a free trade agreement with Bangladesh in 2011, there was a 12% duty on imports from Bangladesh. However, there was no duty now and there were unconfirmed reports that goods from China enter India through Bangladesh. In Bangladesh, the textile industry was supported by the government with subsidies. Tirupur's industries were unable to compete with imports from Bangladesh as the cost of production here was high, he said.
Mr Easwaran urged the Center to check apparel imports from Bangladesh and ban cotton exports when the new cotton season begins on October 1. He said, only surplus cotton should be allowed for export so that the prices of cotton and yarn remain stable. The domestic textile and apparel industry was expected to consume about 300 lakh bales of cotton. If cotton prices fall below the minimum support price, the Cotton Corporation of India should take steps to buy cotton from farmers. He said that the government should monitor the sale of cotton by the corporation to the industry.
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