The knitwear industry in Tirupur is on a recovery path. It has started limping back to normalcy after all the problems it faced in the wake of rupee appreciation, global slowdown and high cost of materials, besides the rise in dyeing charges.
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.