Knitwear exports from Tirupur are poised to surpass the Rs. 30,000-cr mark in the current financial year 2019-20, the Tirupur Exporters’ Association (TEA) has said. In 2018-19, exports from the knitwear hub are estimated to have grown by 8.3 per cent to Rs. 26,000 cr from Rs. 24,000 cr in the previous fiscal. Though the annual average export growth of 7 per cent was recorded in last year, in the last six months, the average export growth was significant at about 31.15 per cent over the corresponding period in 2017-18.

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