Knitwear apparel producers switch to synthetic fabrics

During a press conference, A Shaktivel, President Tirupur Exporters Association (TEA) said that, a heavy dependency on cotton-made knitwear products would limit the export opportunities of knitwear industry entrepreneurs, to a very small segment of the market.

Goods made from synthetic fibres will help producers generate a variety of products, including winter wear and swimwear, among others. This will enable the producers to garner business all year round, as compared to the three-month business period for products made of cotton-fibre.

With the establishment of Knitwear Technology Mission by the Apparel Export Promotion Council, TEA already imports man-made fabrics from Taiwan. This helps in both production and overseas sales of knitwear products, to varied destinations, which will be further increased in the coming four year, informed Shaktivel.

Shaktivel also said that, in order to diversify trade beyond the traditional Western markets, knitwear exporters were also facilitated with sops by the Union Textile Ministry so as to penetrate into the Eastern markets.

He said that, with the impact of rising yarn prices and restrictions on cotton and cotton yarn exports imposed by the government, the impact of sops would be seen within three to four weeks and the prices would reduce steadily.