Tirupur Exporters Association (TEA) has welcomed the directorate general of foreign trade’s (DGFT’s) decision to allow export of non-medical, non-surgical masks. India’s largest garment hub expects an additional revenue generation of anywhere between $500 million and $1 billion annually going forward as wearing mask is set to become a universal norm globally, following the Covid-19 pandemic attack.
TEA president Raja M Shanmugham noted that the garment industry is under stress currently as exports have fallen due to COVID-10. The decision to allow not only brings immense prospects to the textile industry but also will help generate additional revenue for the 1,500-odd export units.
According to TEA president, hundreds of MSME units, engaged in garment exports, are set to benefit immensely, which, in turn, will help the adjacencies (ancillary units). All these units have been making masks and PPEs in lakhs for domestic purposes over the last two months and with the export opportunity, they look forward to a great future, he said adding, “A new prospect has come to the cluster in the form of exports.