Tirupur garment units to down shutters on Monday against steep rise in yarn prices

Garment manufacturers based in Tirupur, a major textile cluster in Tamil Nadu, will shut their units on Monday to protest against the steep hike in yarn prices over the last six months which industry officials said has crippled the industry. Tirupur-based industry representatives spoke to PTI about their ordeal in terms of order cancellations and margins being hit owing to the yarn price hike, and appealed that the Centre must regulate the exports of yarn, the key raw material in garment...
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