tirupur: garment producers protest against rising yarn prices | News from Coimbatore

Tirupur: Members of the National Association of Garment Manufacturers in Tirupur held a protest against the rising price of cotton yarn on Saturday, in front of the municipality’s main office.
The protesters urged the Union government to take action to control the price by banning the export of cotton from India.
The yarn price was increased by 40 per kilogram on all points at the beginning of May.
The 40’s yarn is currently selling at 434 kg against 237 last May.
Speaking to reporters, the secretary of the association, Dr. Ravichandran, said the rise in the price of yarn was due to the increase in the price of cotton.
“Thousands of people are directly and indirectly employed in the garment industry. Nearly 50% of garment units in the district have temporarily reduced production to cope with rising prices, affecting the livelihoods of their employees.
Ravichandran urged the Union government to take stock of the situation and come up with relief measures to save the units that are about to close.
The association also gave its support to the strike called by several associations of the clothing industry on May 16 and 17 to protest against the rise in cotton and yarn prices.
Chairman of the DMK state weavers wing, Naniyur Rajendran, on Saturday demanded immediate intervention from the Union government to control the abnormal price of cotton and yarn.
In a statement on Saturday, Rajendran said garment units in Coimbatore, Tirupur, Erode and Karur districts are badly affected due to rising prices.

Michael O. Stutler