Closure Of More Than 100 Garment And Garment Factories In India Erode Area
Manpower shortage, yarn price rise and rupee India
dollar
Depreciation results in more than 100 garments made in Erode area of India
clothing
The manufacturing plant is closed.
Garment manufacturers urged India textile department to intervene and take effective measures to stabilize yarn prices. Otherwise, 100 other factories will be closed.
S Sivanandham, President of the Erode textile and Garment Manufacturers Association, said that India's currency has depreciated against the US dollar for two years, so many garment exporters are getting devalued money.
In addition, yarn and cotton prices continue to rise, forcing them to buy.
raw material
The cost of production is increased, so the cost of production is increased.
In addition, the clothing production center can not find the skilled labor force.
Most qualified tailors did not do this job.
Subramaniam, vice president of the association, said that until 2007-08, the Erode area also produced and exported 5 billion rupees ready-made garments.
Now only exports 1 billion rupees ready-made clothing.
Old customers in the US, Europe, Britain, Germany, France, Indonesia, Japan and Singapore still provide orders, but India is unable to complete these orders because of the shortage of manpower and raw material costs.
They asked the central government to cut down the price of yarn.
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