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More support for textile units sought

Staff Reporter

— Photo: K. Ganesan

K.G. Baalakrishnan

MADURAI: The Centre and State governments should extend more support to the textile industry, a labour-intensive sector, which also indirectly supports agriculture, K.G. Baalakrishnan, Chairman, KG Group, has said. Addressing a press conference here recently, he said that countries such as China, Pakistan and Bangladesh gave their domestic textile sector a lot of support.

Uninterrupted power supply should be provided along with easier export credit and reductions in sales tax. “What is being done now is not enough. The cost of inputs has gone up and more needs to be done.”

Mr. Baalakrishnan, who was here for a retailers’ meet of Trigger Apparel, said that demand for jeans was spiralling of late. The company planned to open 200 exclusive brand outsets in the next fiscal (2008 – 09), of which 40 would be in Tamil Nadu.

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