The Tirupur Exporters' Association (TEA) has reported a 15.5 per cent rise in revenue at Rs 20,730 crores during the 2014-15 fiscal years against Rs 18,000 crores reported by it, in the previous fiscal. The export figure was arrived at after consolidating the knitwear exports data collected from 38 banks located in Tirupur and surrounding areas.
After reaching a figure of Rs 18,000 crores in 2013–14, the association had announced a target to double the export to Rs 36,000 crores over next three years to the financial year 2016-17.
Apparel, Made ups and Home Furnishing Skill Sector Council (AMHSSC) Chairman A Sakthivel, who is also the President of Tirupur Exporters Association, is also part of Indian skills mission, a high-level trade delegation comprising Chairmen and CEOs from 15 skill sector councils, who are accompanying Prime Minister Narendra Modi on the three-nation tour.
www.tea-india.org
