New Delhi, Jan. 11 -- In view of the continuously increase in prices of yarn, the exporters of apparel in Gautam Budh Nagar, Noida wrote a letter to the Ministry of Textiles on Monday, highlighting this issue.
They have urged the authority to decrease the yarn prices as the current prices are adversely affecting the garment industry in the district, as per media reports.
The President of Noida Apparel Export Cluster (NAEC), Lalit Thukral who is also an executive member of Apparel Export Promotion Council (AEPC) said that INR 130,000 crore is the total export value of the apparel sector in India out of which INR 40,000 crore revenue is generated alone in the state of Uttar Pradesh.
Noida accounts for approximately 3,000 garment export fir...