Garment exporters seek ban on export of yarn & fabric

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The South India Hosiery Manufacturers Association has called upon the Centre to ban the export of yarn and fabric and bring yarn under the Essential Commodities Act. The Tiruppur Exporters Forum had called for a one-day strike in the garment industry recently against the hike in yarn prices and the non-availability of raw materials. It was pointed out that yarn prices are at an all-time high and raw material is not delivered on time, as per a report.