Textile units halt production

WHILE WINTER orders are few, the exporters of apparel are sitting on spring orders that are shipped between October and December.

- 

The buyers are asking for a 30% discount to level the prices with competing countries which have 20% tariffs in the US, secretary general of Apparel Export Promotion Council Mithilishwar Thakur said. "The exporters may take that 30% hit for a few months to retain relationships with buyers and keep their workers engaged but unless some kind of a solution is found the layoffs may start," Thakur added.