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TN yarn manufacturers make investments notch up to fabrics

Related Keywords: making investment, recent export incentive push, Tamil Nadu yarn manufacturers, to notch up to fabrics, win better deals from Indian and foreign buyer

Tamil Nadu's yarn manufacturers has started making investments to move up their value chain to fabric and win better deals from Indian and foreign buyers with the recent export incentive push by Centre, after facing a high margin pressure on oversupply. The export push included introduction of new products and export target nations to its list of items eligible for support in a move to prop up shipments after a steady decline in exports led to speculation of exports falling behind the previous year's numbers.

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