The government of Tamil Nadu has formally invited garment firm, Kitex Group to start its business and has also offered tax benefits to the firm.
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As per the data, garment manufacturers are taking a 3 to 4% margin in order to absorb the input costs. They are also struggling to pace up the production because of the scarcity of workers.
As per the industrialists in Coimbatore, the raw material prices are already high due to the lockdown scenario but with the rising fuel prices, raw material prices have risen further.
As per the industrialists in Coimbatore, the raw material prices are already high due to the lockdown scenario but with the rising fuel prices, raw material prices have risen further.
As per the industrialists in Coimbatore, the raw material prices are already high due to the lockdown scenario but with the rising fuel prices, raw material prices have risen further.
The labour intensive garment industry has asked for permission from the state government to function at full capacity.
The labour intensive garment industry has asked for permission from the state government to function at full capacity.