India Rupp Manufacturers' Association Calls For The Prohibition Of Export Of Cotton And Cotton Yarn
Thursday, India, Rupp
Exporter
And Manufacturers Association (TEAMA) said that due to frequent increases in cotton prices in recent months,
Garment manufacturing enterprises
Encountered operational difficulties.
The association has hundreds of exporters of knitted garments.
In recent 8 months, yarn prices have soared by about 50%, according to TEAMA President Ramesh Kumar (K. Ramesh Kumar). Small and medium-sized garment exporters in the Rupp industry group are increasingly unable to compete in the global apparel market.
Mr. Kumar thought, if
government
Eager to control the price of domestic yarns, the export of cotton and cotton yarns should be totally prohibited.
He pointed out that India's exports of cotton yarn and cotton have encouraged India's competitors, such as Bangladesh, Pakistan, Vietnam and China, whose low value added clothing prices pose a competitive threat to India exporters.
Members of the TEAMA hope that the central government will set up a high-level committee to supervise the production and supply of cotton and cotton yarn, so as to ensure that domestic manufacturers can get the necessary raw materials.
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