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Tirupur takes a giant leap, eyes polyester options

CHENNAI: Sensing the following giant alternative in artifical fibres, often known as polyesters, knitwear hub Tirupur is taking baby steps in its usage and the early trends appear encouraging.

Reliance and Grasim are putting in design studios to lend a hand marketers turn it into a new industry alternative, that is just about twice as giant as cotton-based knitwear. However, there are teething problems. “The polyester prices are very prime when compared to cotton. Imports are cheaper than domestic material. I've been combating for the elimination of this distortion for the past 15 years, if the skew in pricing is resolved then Tirupur will take the lead,” stated A Sakthivel, president, Federation of Indian Exporters Organisations (FIEO).

Notwithstanding the fee problems, garment exporters from Tirupur have began attractive with Reliance and Grasim. “After we reached out to them, each these corporations have set up their studios in Tirupur. They are now intently operating with us. It is a very early level,” Raja M Shanmugam, president, Tirupur Exporters Association (TEA) advised NewsTread on the Global Investors Meet (GIM) held in Chennai.

“This is the following giant alternative for us. If we're able to crack this, then the wave begins. We are excited, let us see how things progress,” he stated.

Boom the city Tirupur exports round 27,000 crore value knitwear each year and produces every other nine,000 crore value clothes for the domestic marketplace.

The textile industry is the second one largest employer in the state. “There are opportunities to invest in processing (dyeing) and technical textiles in the state,” stated state textile commissioner Kumar Jayant.

The executive, he stated, has revived the integrated textile complex in Ramnathapuram district, it proposed in the earlier edition of GIM. The unique function of the proposed complex is that it is going to take residual salt from the 0 liquid discharge unit and dump it without delay into the sea.

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