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Indian apparel manufacturers are facing steep price hike and serious shortage of fabrics and urged the government to introduce some sort of control mechanism to prevent uncontrolled exports of yarn and cotton from the country.

Bangladesh's spinners are trying to import cotton yarn and raw cotton from Africa, Austria, the US and Brazil after India recently imposed a ban on its export.

The hosiery industry has urged the government to take steps to reduce the prices of cotton yarn and ensure domestic availability of the raw material by cutting down exports.

Confederation of Indian Textile Industry (CITI) has expressed its anguish at the withdrawal of export incentives on cotton yarn.

The working of Indian businesses has been severely dented by a 40 percent hike in prices of cotton yarn, tumbling values of dollar and euro against the Indian rupee and a sharp increase in minimum wages for workers in the national capital, said Apparel Export Promotion Council (AEPC) in a release on Tuesday.

The Apparel Export Promotion Council (AEPC) has said the government's decision to suspend sops for export of raw cotton and cotton yarn will have a sobering impact on booming fabric prices.

Government has extended the entitlement quota for one year in the export of readymade garments, knitwear, yarn, fabrics and made-ups to the countries of Canada, US, and European Union.

Terming government's decision to withdrawn the Duty Drawback on exports of cotton yarn a blow to exports, Texprocil, an international marketing organization recently urged the government to restore the scheme.

The Cotton Textiles Export Promotion Council (TEXPROCIL) urged the Government should consider giving additional benefits to the downstream Garment & Home Textile sectors so that they can tide over the temporary crisis rather than seek imposition of a tax on exports of Cotton Yarn.

The textile industry has divided over the government's decision to withdraw the Duty Drawback on exports of cotton yarn with different industry bodies recently giving chalk and cheese views on the issue.