Tiruppur's knitwear export hub has secured ₹450 crore in orders from global brands due to political unrest in Bangladesh. Orders include kids' wear, nightwear, tops, and pajamas. Noida Apparel Export Cluster also saw a 15% increase in orders from Zara. The situation highlights the need for an India-EU free trade agreement.
The Tiruppur knitwear export hub has swung export orders worth ₹450 crore in the last two weeks from Bangladesh in the wake of the political unrest there. Global brands like
KiK from Germany,
Zeeman from the Netherlands, and
Pepco of Poland, among others, placed orders to be delivered before Christmas and New Year and the average price of the garment ordered is to the tune of $3, said KM Subramanian, president of Tiruppur Exporters' Association (TEA).
Tiruppur's knitwear export hub has secured ₹450 crore in orders from global brands due to political unrest in Bangladesh. Orders include kids wear, nightwear, tops, and pyjamas. Noida Apparel Export Cluster also saw a 15% increase in orders from Zara. The situation highlights the need for an...
economictimes.indiatimes.com