TEA seeks new textile policy

The Tirupur Exporters Association (TEA) has requested Tamil Nadu Chief Minister K Palaniswami to announce new State textile policy. In a memorandum submitted to the Chief Minister, who was in Tirupur, TEA President Raja M Shanmugham emphasised the need for a new policy for the growth of textile industry and exports from Tamil Nadu.

The memorandum also requested the Chief Minister to address issues like revision of GST rate fixed for job working units from 18 per cent to five per cent, reduction of Man Made Fibre yarn GST rate from 18 to 12 per cent and construction of ESI hospitals in Northern and Southern areas of Tirupur.