West Asia war: Elastic prices to rise 25%, to hit undergarment business | Coimbatore News
Tirupur, a major hub for undergarment manufacturing with an annual turnover of around Rs 10,000 crore in both export and domestic markets, depends heavily on elastic as a key accessory. TIRUPUR: The Tirupur Elastic Manufacturers and Traders Association has announced a 25% increase in elastic prices starting March 18, citing a sharp rise in raw…