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9min chapter
Weaving Woes: Why are Tiruppur’s Textile Mills Shutting?
The Morning Brief
Struggles Faced by Tirukpur's Textile Industry
The chapter explores the challenges encountered by businesses in Tirukpur's textile industry, including closures, financial impacts, and governmental support discrepancies. It highlights the adverse effects of global political circumstances on the industry's revenue and sustainability, particularly in the midst of crises in Russia and Ukraine. Additionally, it discusses the ongoing struggles faced by textile factory owners, such as increasing costs, competition, and the need for policy support to maintain competitiveness.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode