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Tiruppur exporters brace for slowdown, see demand dipping by 40%

Tiruppur contributed around 54.2 per cent of the country's textile exports last fiscal

Tiruppur exports feel slowdown, war heat; demand likely to dip by 40%
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Tiruppur contributed to around 54.2 per cent of the country’s textile exports last fiscal.

Shine Jacob Chennai
After posting a 34 per cent increase in exports during 2021-22, India’s largest garment hub Tiruppur is staring at a 30-40 per cent fall in export demand during the current financial year. This has been triggered by the economic slowdown in the US and war-effects in Europe.

While some units have shut down for short periods, the majority of them reduced total working days from seven to four-five days. They are also working on single shifts.

Tiruppur contributed to around 54.2 per cent of the country’s textile exports last financial year.

A decline is expected in exports, despite clocking Rs 15,800 crore during

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First Published: Sep 29 2022 | 9:44 PM IST

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