Why Coimbatore—the Manchester of South India—sees a difficult path ahead in reviving textile exports

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Why Coimbatore—the Manchester of South India—sees a difficult path ahead in reviving textile exports - Economic Times

Quick Summary:

Several factors are making textile exports from Coimbatore globally uncompetitive.

What steps can be taken to ensure a turnaround?

Also, if one looks at other states, Gujarat gives a 50% capital subsidy for textile machinery investment, whereas MP’s power cost stands at Rs 5 per unit,” he reckons.