India &Nbsp; Erode&Nbsp; Regional 100&Nbsp; Many Garment And Garment Factories Closed.

Shortage of manpower, rising yarn prices and depreciation of the rupee against the US dollar in India resulted in the closure of more than 100 garment and garment manufacturing factories in India Erode region. Garment manufacturers urged India textile department to intervene and take effective measures to stabilize yarn prices. Otherwise, 100 other factories will be closed.

S Sivanandham, President of the Erode textile and Garment Manufacturers Association, said that India's currency has depreciated against the US dollar for two years, so many garment exporters are getting devalued money. In addition, yarn and cotton prices continue to rise, forcing them to pay more for the purchase of raw materials, thus increasing production costs. In addition, the clothing production center can not find the skilled labor force. Most qualified tailors did not do this job.

Subramaniam, vice president of the association, said that until 2007-08, the Erode area also produced and exported 5 billion rupees ready-made garments. Now only exports 1 billion rupees ready-made clothing. Old customers in the US, Europe, Britain, Germany, France, Indonesia, Japan and Singapore still provide orders, but India is unable to complete these orders because of the shortage of manpower and raw material costs. They asked the central government to cut down the price of yarn.