अमेरिका के 50% कर से तिरुपुर वस्त्र उद्योग पर संकट!

Maximum U.S. Tax Imposition: Risk of Closure for Thriving Tirupur Garment Units Appeal from company owners for Central and State Government relief measures The imposition of a 50% tax by the United States has severely impacted the Indian economy. In this situation, one of Tamil Nadu’s prime industries, the garment manufacturing sector, has been badly affected. In particular, Tirupur district’s garment companies, which largely depend on foreign countries for their textile exports, are now reeling under this burden. Due to the U.S. tax hike, export production has been hit drastically. Tirupur R.R.K. Cotton Business Head Shankar gave an exclusive interview to Zee Media Group - Wion “Because of the U.S. tax imposition, none of our five factories have received any orders since April. As a result of this tax burden, two of our factories have already been shut down. Over 2,000 families were dependent on the jobs in our units. Now, due to the tax hike, the workforce has been reduced, and only about 1,000 employees are currently engaged. Furthermore, export orders worth ₹65 crore have been stalled. At present, we are continuing operations only to provide employment for workers, not for profit. If this situation continues, most of the garment factories in Tirupur face the danger of closure. In Tamil Nadu, Tirupur’s textile industry plays a vital role, with 40% of exports sent to the United States. Now, because of this tax hike, garment companies are hanging in the balance as though in a warlike situation. Exporting to other countries will not bring any significant growth or relief. Hence, we urge the Central and State Governments to take immediate action, provide relief, and protect garment companies from the severe impact of the U.S. tax imposition.” Byte : Shankar Business Head - R.R.K. Cotton Tiruppur R.Amarvannan Zee News From Chennai