The issue of high yarn price is now getting more attention, at least in Tirupur!
Rahul Gandhi, Member of Parliament and Senior Congress leader wrote a letter in this regard to Ministry of Textiles (MoT) and urged Ministry to extend the support to apparel manufacturers.
Rahul has also shared letter of Tirupur Exporters’ Forum (TEF) with the MoT on this issue. TEF is an organisation of 200 Tirupur-based SME apparel exporters.
Tirupur-based apparel exporters got positive response on this initiative of Rahul Gandhi as senior officials like Sanjay Sharma, Joint Secretary, MoT; Jaikiran, Trade advisor; Balasubramaniam, Textile commissioner, Coimbatore approached the exporter’s representative and discussed the issue in detail.
“During my recent visit to Tirupur, I was informed that exporters are therefore struggling to fulfil their orders. They even requested for a suspension of yarn exports to stabilise input prices. I urge you to take necessary action to help them compete effectively in the global market,” he wrote to the MoT.
R. Sakthivel, Co-ordinator, TEF, thanked Rahul for this support and hoped that yarn price should come under control soon.
It is pertinent to mention here that TEF had earlier requested to help Rahul Gandhi in this regard (high yarn price) and told him that SME apparel exporters have become victims in the recent exorbitant hike of yarn price and are unable to finish the accepted orders from the buyers as well as to confirm/take new orders due to uncertainty in the yarn price and supply.
Almost since last three months, apparel manufacturers from across India are facing the heat of steep increase in yarn prices. Despite their many requests and efforts, the issue still hasn’t been resolved.