Tiruppur apparel industry shuts down demanding reduction in yarn prices
Updated:
Updated:
March 16, 2021 09:45 IST
According to the Tiruppur Exporters Forum, the MSME units are the worst-hit because of the yarn price hike.
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Workers and garment unit owners staging a demonstration in Tiruppur on Monday.
According to the Tiruppur Exporters Forum, the MSME units are the worst-hit because of the yarn price hike.
The one-day strike by garment industry and business in Tiruppur on Monday resulted in ₹200 crore loss, according to Raja M. Shanmugham, president of Tiruppur Exporters Association.
The garment industry and business in Tiruppur came to a standstill on Monday as the units and shops downed shutters demanding reduction in prices of yarn, the main raw material.