Tirupur is the "knitwear capital" of India. It has spurred up the textile industry in India for the past three decades. Its economic boom boosts the morale of Indian industrialists. It contributes to a huge amount of foreign exchange in India. As of 2005,when Tirupur was a part of Coimbatore district, Coimbatore was the highest revenue earning district in Tamil Nadu, but when tirupur grew more the city increased its status as a District, thus separating it from Coimbatore. The city being enriched as a knitwear capital of India, and exports Rs. 120 billion. The numbers differ because the export numbers are 120 billion but another domestic segment which does not bring FOREX but huge business is another few thousand Cr in addition also international holdings by the Tirupur owned companies present.
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Apparel Park has the design of production facilities as in the European Union courtiers, USA with the basic objective of creating a world class knitwear manufacturing facility. The work was completed in January 2005 and inaugurated by Shri. P.Chidambaram, Hon’ble Finance Minister, Government of India. The total cost infrastructure facilities, the Captive Power Plant and the factory buildings worked out to INR 92 crores. The Park has 53 companies manufacturing knitwear for exports. Each unit will be a model to answer the requirements of international standards in all aspects. In addition to investment of INR 92 crores (920 million rupees) on infrastructure and factory buildings about INR 300 crores (3 billion rupees) is being invested on machinery.[18][19] The NAP presently provides employment to 15,000 people and generates export revenue of Rs. 15 billion from the apparels produced in it.[20]
Tirupur has the largest and fastest growing urban agglomerations in Tamil Nadu. The knitwear industry which is the soul of Tirupur has created millions of jobs for all class of people. There are nearly about 3000 sewing units, 1326 knitting units, 730 dyeing units and other ancillary units which are un-countable.[21][22]
Tirupur is the largest exporter of garment in India. There are 3,820 firms but most of the firms have a turnover less than 100 million. After decades in the business, there are more companies like PGC Corporation Limited ('Switcher; brand), Sulochana mills, KPR Mills, Eastman Global Clothing, S.P. Apparels Ltd. ('Crocodile' brand), followed by Poppy, Centiwn, Dollar, etc., many above the 1 billion mark.[23]
It has a wide range of factories which export all types of Knits fabrics and supply garments for Kids, Ladies, Men's garments - innerwear exclusive. The city is known for its hosiery exports and provides employment for about 600,000 people. Some of the world's largest retailers including C&A, Switcher SA, Walmart, Primark, Oviesse, Switcher, Polo Ralph Lauren, Diesel, ARMY, Tommy Hilfiger, M&S, FILA, Respect, H&M, HTHP, Whale, Reebok import many textiles items and clothing from Tirupur city.
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