Exports revive at Tirupur

摘要

After a sharp decline, exports from the textile town of Tirupur have bounced back. The town in west-central Tamil Nadu, 50 km from Coimbatore, has reported a 10 per cent growth in order flow in the past two months. Exporters from the textile hub have told the Union minister of textiles that they will clock around Rs 15,000 crore in 2013-14, an increase of 15-20 per cent over last year. The Union ministry has already raised the annual export target to $43 billion (Rs 25,750 crore) from $36 bn (Rs 21,500 crore) last year for the apparel industry, as part of a plan to leverage the sharp rupee depreciation to lift textile exports.