Tiruppur knitwear exports rise 20%

Sector rebounds from pandemic blues to achieve ₹40,000 crore in sales last financial year

- P SRINIVASAN @Tiruppur

TIRUPPUR knitwear sector exported goods worth ₹40,000 crore in the last fiscal, 2024-25, thus achieving a 20 percent growth over the ₹33,400-crore mark of the previous fiscal, 2023-24. The exports surpassed the estimated 10 percent growth rate and is expected to grow 15 percent in the current financial year.

KM Subramanian, president of Tiruppur Exporter's Association, said, "Before we recovered from the impact of Covid-19 pandemic, we faced international issues, including the Ukraine-Russia war. Due to this, our exports, which exceeded ₹34,000 crore in the 2022-23 financial year, decreased to ₹33,400 crore in 2023-24. In the last FY, we made various efforts to get back on the growth track."