SOUTH INDIAN TEXTILE MANUFACTURERS DEMAND FURTHER ACTION ON INPUT PRICES
October 1st, 2010
BY RAGHAVENDRA VERMA
AN UMBRELLA group of Indian textile manufacturing associations has called on the Indian government to provide additional support for its members, even though it has secured a medium-term cotton export ban to January 2011. The Federation of Textile Exporters of South India has been complaining about high cotton prices, saying if they do not fall and "we do not find any other solution", there will be "the closure of units". It says yarn prices are still increasing and is now demanding action on yarn, saying a "15% ad ...
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