Textile industry in Tamil Nadu worried over losing investments to other States
1 year ago

Textile industry in Tamil Nadu worried over losing investments to other States

The Hindu  

November 30, 2023 06:10 pm | Updated 11:23 pm IST Media reports of incentives planned in the draft textile policy of Gujarat were circulated widely among the textile and apparel manufacturers in Coimbatore and Tiruppur on Wednesday, November 29, 2023. There has been widespread concern within the industry over the past few months of investors moving from Tamil Nadu and with the textile industry in other States becoming more competitive, said a spinning mill owner in Coimbatore. Power cost is on the rise in Tamil Nadu, raw material has to be procured from other States, and labour cost is also high, factors that make the textile industry in Tamil Nadu uncompetitive. “If this situation continues, about 30 % of the textile units in Tamil Nadu will be closed in three years,” said K. Selvaraju, secretary general of the Southern India Mills’ Association. “We need to reduce our manufacturing cost to recapture the yarn export market share we lost to the rest of India.” In the fast moving coarse count yarn, Tamil Nadu’s market share is rapidly declining.

Tamil Nadu Industry States Tamil Textile Industry State Coimbatore Nadu Textile Other States  state  industry  tamil  investments  units  textile  cost  market  worried  nadu  states  losing

History of this topic

Tamil Nadu government provides interest subsidy to modernise textile mills
1 week, 4 days ago

Tamil Nadu government provides interest subsidy to modernise textile mills

The Hindu  

The Department of Handlooms, Handicrafts, Textiles and Khadi, Government of Tamil Nadu, has allocated ₹10 crores for the current financial year to implement the 6% interest subvention scheme for textile mills that want to invest and upgrade technology. The working guidelines of the scheme say that 60% funding will be for ring frame spinners, 25% for open-end spinning, and 15% …

Cotton is passé. Can India ever make it big in this fashionable textile market?
1 month, 1 week ago

Cotton is passé. Can India ever make it big in this fashionable textile market?

Live Mint  

Chennai: It was early June 2021. Once MMF textile exports pick up, the quality of raw material will improve," said Rajkumar Agarwal, managing director, SVG Fashions Pvt. The government has applied the Quality Control Order, a regulatory standard that ensures that products sold in India are of good quality, on select polyester filament yarn imports such as ‘fully drawn yarn’. …

On increase in electricity tariff in Tamil Nadu | Explained
5 months ago

On increase in electricity tariff in Tamil Nadu | Explained

The Hindu  

The story so far: On July 15, the Tamil Nadu Electricity Regulatory Commission announced an average hike of 4.83% for domestic and all other consumers. The Commission waited for the Lok Sabha and Vikravandi Assembly byelection results before announcing the tariff increase, even as it indicated, in its tariff order of September 2022, that the new tariff will come to …

Textile units in Tamil Nadu face labour shortage
7 months ago

Textile units in Tamil Nadu face labour shortage

The Hindu  

Textile clusters in Tamil Nadu, which were hit by steep drop in orders for the last two years, are now facing a new challenge - shortage of workers. K. Selvaraju, secretary general of the Southern India Mills’ Association, said wages had increased 20% for textile workers in Rajasthan and 28% in Odisha. With a large number of workers from other …

T.N. Budget 2024: Technical textiles gets special focus
10 months ago

T.N. Budget 2024: Technical textiles gets special focus

The Hindu  

Development of the PM MITRA Park in Virudhunagar, a textile park in Salem, higher capital subsidy for investments in technical textiles and support for technology upgradation in the spinning mills are some of the announcements for the textile industry in the Tamil Nadu Budget presented on Monday by Finance Minister Thangam Thennarasu. The Budget plans to establish 10 mini-textile parks …

Tamil Nadu to promote technical textile production
10 months, 3 weeks ago

Tamil Nadu to promote technical textile production

The Hindu  

The Tamil Nadu government is likely to look at a procurement policy to buy its technical textile requirements from the local industries. According to M. Vallalar, Textiles Commissioner, Tamil Nadu, textile manufacturers in Coimbatore and Tiruppur who are focusing on cotton-based products should come forward to make technical textiles. Director general of Northern India Textile Research Association Arindam Basu said …

Textile industry crisis looms large as demand hits a low
1 year ago

Textile industry crisis looms large as demand hits a low

The Hindu  

December 08, 2023 07:00 am | Updated 07:00 am IST Sivakumar, who operates a foundry in Coimbatore in Tamil Nadu, usually buys scrap from the southern districts of the State. But, for the Indian textile and clothing industry, there are multiple issues stunting its growth and competitiveness — raw material prices, escalating input costs, quality control orders, and import of …

Textile mills in T.N., AP and Telangana plan to stop production for a week
1 year ago

Textile mills in T.N., AP and Telangana plan to stop production for a week

The Hindu  

As many as eight textile mill associations in Tamil Nadu, Andhra Pradesh, and Telangana have called for stoppage of production for a week, in order to manage the surplus yarn available in the market that is bringing prices down. Fluctuating cotton prices because of the levy of 11 % import duty and a steep hike in electricity charges have made …

Spinning mills in Tamil Nadu to go on strike from November 7
1 year, 1 month ago

Spinning mills in Tamil Nadu to go on strike from November 7

The Hindu  

Open-end spinning mills in Tamil Nadu that supply yarn to producers of mops, mats, kitchen towels, lungis, etc. G. Arulmozhi, president of the open-end spinning mills’ association, told presspersons in Coimbatore on Saturday November 4, 2023, that open-end spinning mills, numbering almost 600 in Tamil Nadu, produce yarn worth ₹60 crores a day. Open-end spinning mills in Panipat, Haryana, he …

SIMA calls for relook at power sector policies for textile industry
1 year, 2 months ago

SIMA calls for relook at power sector policies for textile industry

The Hindu  

The Southern India Mills Association has appealed to the Tamil Nadu government to review its policies related to energy for textile industry. “Tamil Nadu has been the most attractive destination for new investments mainly due to its unique energy policies relating to wind power, open access power, third party power etc., thus making the power intensive sectors like textiles to …

Textile industry will revive, says Union Minister Piyush Goyal
1 year, 3 months ago

Textile industry will revive, says Union Minister Piyush Goyal

The Hindu  

Indian textile industry will regain its lost glory in the future and Tamil Nadu will be in the forefront in the sector, said Union Minister for Textiles, Commerce and Industry, Consumer Affairs, Food and Public Distribution, Piyush Goyal, in Coimbatore on Thursday. Unveiling the bust of first Finance Minister of independent India R.K. Shanmugham Chetty at the Southern India Mills’ …

T.N. Industries Minister urges garment industry in Tiruppur to focus on technical textiles
1 year, 5 months ago

T.N. Industries Minister urges garment industry in Tiruppur to focus on technical textiles

The Hindu  

The garment industry in Tiruppur, should focus on technical textiles, said T.N. Inaugurating the renovated building of the Tiruppur Exporters Association, the Minister said the size of the global technical textiles industry was expected to be USD 220 billion by 2030. Participation of the industry was critical for further research and development, he said, adding that the government would also …

Textile mills in MSME segment down shutters citing high production cost
1 year, 5 months ago

Textile mills in MSME segment down shutters citing high production cost

The Hindu  

A large number of textile mills in the micro, small and medium-scale segment downed shutters on Saturday citing high production cost that made operation of the units unviable. The State government should revise the power costs for textile units and the Central government should have a ‘one nation-one policy’ for the entire textile industry. Ravi Sam, chairman of Southern India …

Tiruppur garment manufacturers seek State government support to improve competitiveness
1 year, 6 months ago

Tiruppur garment manufacturers seek State government support to improve competitiveness

The Hindu  

Garment manufacturers in Tiruppur have sought supportive measures from the State government to increase their competitiveness. Since overseas buyers were making environment and sustainability norms mandatory to source from India, the State government should allocate funds and declare Tiruppur as a sustainable sourcing cluster. Further, in States such as Karnataka and Telangana, the State government supplemented subsidies extended by the …

Spinning mills in Tamil Nadu build capacity, improve production by almost 5 lakh kg of yarn a day
1 year, 7 months ago

Spinning mills in Tamil Nadu build capacity, improve production by almost 5 lakh kg of yarn a day

The Hindu  

Open end spinning mills in Tamil Nadu have added at least 250 new machines over the past one year, says G. Arulmozhi, president of the Open end Spinning Mills’ Association. Production capacity has increased by almost 5 lakh kg of yarn a day, as new machines have been added, thus taking total production in Tamil Nadu to 35 lakh kg …

Tamil Nadu aims to become a leader in technical textile production, says Minister
2 years, 1 month ago

Tamil Nadu aims to become a leader in technical textile production, says Minister

The Hindu  

Tamil Nadu government is taking several measures so that the State becomes a leader in technical textiles, Minister for Textiles and Handlooms R. Gandhi said here on Friday. Inaugurating a two-day joint technology conference of textile research associations, the Minister said the government withdrew the market committee cess on cotton as soon as it came to power and has created …

$1-trillion dream and the way forward
2 years, 8 months ago

$1-trillion dream and the way forward

The Hindu  

Chang, the head of Taiwan footwear major Hong Fu, was in Chennai last week, a meeting with Chief Minister M.K. The subtle message from this quick action is that Tamil Nadu is serious in wooing investment, more so to realise the Chief Minister’s ambitious target of making the State a $1-trillion economy by 2030. Pointing out that the State’s growth …

Spinning success: One-third of India’s textile business is in Tamil Nadu
2 years, 10 months ago

Spinning success: One-third of India’s textile business is in Tamil Nadu

The Hindu  

From saris and dhotis to bedspreads and kitchen towels, industries in Tamil Nadu make them all. Boasting at least one-third of the textile business in the country, with 2,032 spinning mills, 5.63 lakh powerlooms, 1.55 lakh handlooms, and nearly 15,000 garment units, Tamil Nadu is regarded as numero uno in textiles and garments. Though cotton production has dwindled over the …

Textile industry looks at ₹3000 crore additional investment in TN
3 years, 3 months ago

Textile industry looks at ₹3000 crore additional investment in TN

The Hindu  

The textile and clothing industry in Tamil Nadu hopes to attract ₹3000 crore additional investment in man-made fibre and technical textile segments with several schemes announced by the Central and State governments. Sundararaman, chairman of the Indian Technical Textile Association and vice-chairman of Southern India Mills’ Association, said the Production Linked Incentive Scheme approved on Wednesday by the Union government …

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