INDIA: Cotton Textile Export Promotion Council Closes Two Offices
Two offices of the Cotton Textile Export Promotion Council are to be closed down as part of a restructuring plan. The offices oncerned are Coimbatore and Bangalore, and customers have been advised to consult their nearest port offices.
The closure decision was based on the low volume of shipping endorsements in the two dry-port offices.
Textile exporters from the Coimbatore region, mostly cotton yarn exporters, are increasingly using the Tuticorin port for their shipments. The workload of the Bangalore office mostly relates to silk imports with no major cotton textile exports.
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