Extend trade relief measures to the entire textile value chain, says SIMA

Extend trade relief measures to the entire textile value chain, says SIMA

Business


The trade relief measures announced by the Reserve Bank of India and the Central government to the apparel and made-ups segments should be given to the spinning and weaving units too, said the Southern India Mills’ Association (SIMA).

Its chairman Durai Palanisamy said in a press release that India’s textile and apparel exports fell 10.34 % in September 2025 compared with the same month last year. Cotton yarn, fabrics, made-ups and handloom products declined 11.66%, while apparel exports dropped 10.14%. Production disruptions of 25–70% across the decentralised powerloom, knitting, and garment units, coupled with weak demand, have strained revenues, margins and liquidity, with 82 % of the firms extending credit by three to six months.

Exporters are also facing order cancellations due to shifts to lower-tariff competitors, threatening long-term buyer relationships.

These measures are extended to the garments and made-ups falling under HS Codes 61, 62, 63 and 94. These should be given to the capital-intensive spinning, weaving, and processing segments, covering the HS Codes 52, 54, 55 and 60 which are into severe financial crisis. These segments supply yarns and fabrics to the readymade and made-up segments, he said.

A. Sakthivel, vice chairman of the Apparel Export Promotion Council, said these timely measures will provide substantial relief to apparel exporters facing prolonged payment cycles and global demand uncertainties.



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