India Rupp Manufacturers' Association Calls For The Prohibition Of Export Of Cotton And Cotton Yarn
TEAMA President Ramesh Kumar (K. Ramesh Kumar) said that in the past 8 months, yarn prices soared by about 50%, Rupp. Industrial Cluster Small and medium-sized garment exporters are increasingly difficult to participate in the world. clothing Competition in the market.
Mr. Kumar believes that if the government is eager to control the price of domestic yarn, it should prohibit the export of cotton and cotton yarn completely.
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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