TIPC seeks PM’s intervention

The Tirupur Industrial Protection Committee (TIPC) has sent a representation to Prime Minister Manmohan Singh seeking his intervention to help 27 Tirupur-based units to get payments for garments supplied to a Delhi-based buyer to the tune of Rs 32.91 crore.

TIPC sources said the Delhi-based group, which had around 500 retail outlets across the country, entered into a contract with 27 units, who were members of TIPC, early this year for supplying knitted kids wear products.

Though the Tirupur companies delivered the goods on time, the buyer did not stick to the payment schedule.