Tiruppur Posts Record Rs 460 bn Exports In FY26
ECONOMY & POLICY

Tiruppur Posts Record Rs 460 bn Exports In FY26

Tiruppur, the knitwear hub in Tamil Nadu, posted record exports of Rs 460 billion (Rs 460 bn) in 2025-26, up three per cent from Rs 447.47 billion (Rs 447.47 bn) in the previous year. The Tiruppur Exporters Association set a target of reaching Rs 1 trillion (Rs 1 tn) by 2030 and said the city accounted for nearly 60 per cent of India's knitwear exports while generating more than one million (1 mn) jobs.

The figures were announced at an event attended by the Union Textiles Minister, who outlined a national aim to raise textile exports from US dollar 38 billion (US$38 bn) to US dollar 100 billion (US$100 bn) by 2030. TEA reported that the average exchange rate was about Rs 85.6–86 per US dollar, against about Rs 83.1–83.3 in the prior year, which improved competitiveness.

To meet the Rs 1 tn objective, industry representatives presented demands including worker accommodation and hostel facilities, zero import duty on cotton, extension of the Rebate of State and Central Taxes and Levies scheme and expedited rollout of the Textile Expansion and Employment scheme. They also sought incentives for man made fibre processing and simplified import procedures to scale up blended production.

The minister pledged government support for establishing hostels for women workers, developing new industrial clusters and adopting modern manufacturing technologies, while noting the role of Free Trade Agreements in opening markets. He welcomed Tiruppur's pivot to blended and man made fibre based production and encouraged a manufacturing mix of fifty per cent cotton and fifty per cent man made fibre, urging sustainable practices.

Officials noted that India has trade agreements with thirty eight countries and that Tamil Nadu has been assigned a target of US dollar 21 billion, with Tiruppur expected to contribute US dollar 11.5 billion. The state plans to produce technical textiles worth Rs 1,000 crore, create five thousand specialised jobs by 2031 and allocate Rs 1,250 crore over five years for hostels for women workers.

Tiruppur, the knitwear hub in Tamil Nadu, posted record exports of Rs 460 billion (Rs 460 bn) in 2025-26, up three per cent from Rs 447.47 billion (Rs 447.47 bn) in the previous year. The Tiruppur Exporters Association set a target of reaching Rs 1 trillion (Rs 1 tn) by 2030 and said the city accounted for nearly 60 per cent of India's knitwear exports while generating more than one million (1 mn) jobs. The figures were announced at an event attended by the Union Textiles Minister, who outlined a national aim to raise textile exports from US dollar 38 billion (US$38 bn) to US dollar 100 billion (US$100 bn) by 2030. TEA reported that the average exchange rate was about Rs 85.6–86 per US dollar, against about Rs 83.1–83.3 in the prior year, which improved competitiveness. To meet the Rs 1 tn objective, industry representatives presented demands including worker accommodation and hostel facilities, zero import duty on cotton, extension of the Rebate of State and Central Taxes and Levies scheme and expedited rollout of the Textile Expansion and Employment scheme. They also sought incentives for man made fibre processing and simplified import procedures to scale up blended production. The minister pledged government support for establishing hostels for women workers, developing new industrial clusters and adopting modern manufacturing technologies, while noting the role of Free Trade Agreements in opening markets. He welcomed Tiruppur's pivot to blended and man made fibre based production and encouraged a manufacturing mix of fifty per cent cotton and fifty per cent man made fibre, urging sustainable practices. Officials noted that India has trade agreements with thirty eight countries and that Tamil Nadu has been assigned a target of US dollar 21 billion, with Tiruppur expected to contribute US dollar 11.5 billion. The state plans to produce technical textiles worth Rs 1,000 crore, create five thousand specialised jobs by 2031 and allocate Rs 1,250 crore over five years for hostels for women workers.

Next Story
Resources

K2 Infragen appoints D K Raju to lead HAM projects

K2 Infragen has appointed D K Raju as Senior Vice President to lead its Hybrid Annuity Model (HAM) project portfolio, strengthening the company's execution capabilities as it expands its infrastructure business.Raju brings more than 27 years of experience in infrastructure project execution, planning, quantity surveying, tendering and technical operations. He has previously held senior positions at HG Infra Engineering, Allone Infra and Techno Unique Infratech.In his new role, Raju will oversee execution of K2 Infragen's Rs 3.91 billion Telangana road project under the Hybrid Annuity Model, in..

Next Story
Infrastructure Urban

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

Next Story
Real Estate

SPML Infra raises over Rs 1.9 billion through preferential issue

SPML Infra has raised more than Rs 1.9 billion through a preferential issue of equity shares and convertible warrants, aimed at strengthening its balance sheet, funding growth and converting debt into equity.The company's board approved the allotment of 693,999 equity shares and 9.54 million convertible warrants at Rs 186 per security. The warrants are convertible into equity shares within 18 months in accordance with SEBI regulations.As part of the transaction, National Asset Reconstruction Company (NARCL) converted an existing loan of Rs 71.6 million into 384,858 equity shares. SPML said the..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement