Tiruppur textile industry returns to growth, posts 13% rise in exports

Quick Summary:

Tiruppur has around 28,000 manufacturing units involved in various processes of the textile value chain, providing jobs to around 800,000 people.

This decline was due to multiple factors, including the war in Ukraine, financial crises in Europe and the United States, and global business activity not returning to normal.

In August alone, exports rose 22 per cent to Rs 3,114 crore, up from Rs 2,550 crore in August 2023.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: IndiaAustraliaBangladeshUkraineUnited States

Topics: Knitwear industry Tiruppur textile exports K M Subramanian Sustainable textile industry ESG compliance Global apparel majors Green Tiruppur Export growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 19:45:51 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 539 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23517503

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 276 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions