According to sources, while the consumption of cotton yarn is around 700 tons per day in the garment industry in Tiruppur, the entire consumption of man-made fabrics is 2,000 tons per year.
With around 5.63 lakh power looms, the textile industry is next only to agriculture, in providing direct and indirect employment in the State.
According to sources, price of dyes, chemicals and wetting agents used for colouring fabrics has increased by more than 30 per cent in the last few months.
Nowadays, containers are not returning from the United States and Europe but going directly to China, creating a further shortage.
The space required to transport cargo declines even as demand for vegetables rises in Gulf ahead of Onam festival.
Exporters welcomed the decision and said the move will boost investment, improve the competitiveness of domestic firms in the textiles sector.
When most industries in India are gasping in the second wave, shipping of the decorative and ornamental has started afresh.
Exporters today met Finance Minister Arun Jaitley, their second meeting with the government in less than two weeks, to press for stimulus and resolution of GST related problems.