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Joint communiqué by leading apparel producers & export associations
In a joint communiqué of Apparel Export Promotion Council (AEPC), The Clothing Manufacturers Association of India (CMAI) and Tirupur Exporters Association (TEA), the apparel associations noted with concern, the statement made by CITI and other Spinners Associations, that the reason for declining cotton yarn prices and slump in demand for the same was restrictions imposed by the government on cotton yarn exports.
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