Tiruppur, June 3 (IANS) Cotton yarn prices have registered their first major decline this year, offering relief to Tiruppur’s knitwear and textile industry in Tamil Nadu after months of rising raw material costs that had put manufacturers and exporters under severe pressure. The reduction follows the Central government’s decision to temporarily exempt cotton imports from customs duty between June and October, a measure aimed at increasing supply and stabilising prices in the domestic market….
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