Tirupur hosiery workers to get 33% wage hike
TIRUPUR: Wage agreement negotiations between manufacturers and trade unions in Tirupur’s hosiery sector concluded smoothly on Tuesday, with both sides agreeing to a 33% wage hike for workers over the next four years.
Workers will receive a monthly allowance of Rs 2,500 at an index level of 20,000 points, along with an additional 15.5 paise for every point increase. A daily travel allowance of Rs 30 will be provided for each working day while Rs 60 will be given for night shift duties.
The agreement also includes financial assistance of Rs 21,500 to the family of a worker in case of death during service, subject to a minimum of six months of employment.
The new wage pact will be in force from March 17, 2026, to March 16, 2030, with all revised benefits coming into effect immediately.
As per industry practice, wage agreements are renegotiated once in every four years through joint discussions between manufacturers’ associations and trade unions. Following the expiry of the previous agreement signed in September 2021, which ended in September 2025, a joint committee was formed to finalise a new pact.
The committee held eight rounds of talks over the past five months, with the ninth and final round taking place on March 17, 2026, where the agreement was sealed.
Representatives from six manufacturers’ bodies -- South India Hosiery Manufacturers’ Association (SIHMA), Tirupur Exporters’ Association (TEA), Knit Cloth Manufacturers’ Association (KNITCMA), Tirupur Export Knitwear Manufacturers Association (TEKMA), Tirupur Exporters and Manufacturers Association (TEAMA), and South Indian Imported Machine Knitters Association (SIIMKA) -- participated in the meeting.
Office-bearers from nine trade unions, including LPF, INTUC, MLF, CITU, HMS, AITUC, BMS, ATP and DTMS, were present. Under the agreement, wages will be increased by a total of 33% between 2026 and 2030, to be implemented in phases of 18%, 5%, 5%, and 5% each year.
Joint committee chairman and TEA president K M Subramanian said the agreement was finalised keeping in mind both worker welfare and the growth of the industry.
Israel Iran War
- US-Israel-Iran War News Live Updates: US pounds Iranian missile sites near key Strait of Hormuz; Iran rains down cluster bombs on Tel Aviv
- Iran confirms death of national security chief Ali Larijani, president Pezeshkian offers condolences
- Larijani Killing Escalates Conflict: Israel admits strike on Iran chief; Hormuz oil fears grow
The agreement also includes financial assistance of Rs 21,500 to the family of a worker in case of death during service, subject to a minimum of six months of employment.
The new wage pact will be in force from March 17, 2026, to March 16, 2030, with all revised benefits coming into effect immediately.
As per industry practice, wage agreements are renegotiated once in every four years through joint discussions between manufacturers’ associations and trade unions. Following the expiry of the previous agreement signed in September 2021, which ended in September 2025, a joint committee was formed to finalise a new pact.
The committee held eight rounds of talks over the past five months, with the ninth and final round taking place on March 17, 2026, where the agreement was sealed.
Representatives from six manufacturers’ bodies -- South India Hosiery Manufacturers’ Association (SIHMA), Tirupur Exporters’ Association (TEA), Knit Cloth Manufacturers’ Association (KNITCMA), Tirupur Export Knitwear Manufacturers Association (TEKMA), Tirupur Exporters and Manufacturers Association (TEAMA), and South Indian Imported Machine Knitters Association (SIIMKA) -- participated in the meeting.
Popular from City
- EV charging blast, 10 LPG cylinders and electronic locks: Deadly chain behind Indore house fire that killed 7
- 3 kids among 9 killed in massive fire at residential building in Delhi's Palam; CM orders magisterial probe
- Indore house inferno: Video captures sparks after blast in EV charging point that triggered chain of short circuits
- Techie, mother die by suicide after groom cancels wedding over ‘secretly recorded’ videos
- LPG consumers with last refill prior to June 2025 will not get cylinders till e-KYC done
end of article
Trending Stories
- US-Israel-Iran War News Live Updates: US strikes Iran missile sites near Strait of Hormuz; Tehran hits Tel Aviv with cluster munitions
- LPG Gas Crisis in India Live Updates: IGL sees 22,000 new registrations in Delhi-NCR in just 15 days
- Gold and Silver Rate Today Live Updates: Gold prices firm ahead of US Federal Reserve policy decision; will prices rally?
- Afghan Cricketer Condemns Strike: Ghazanfar slams Kabul hospital hit; urges India, world to act
- Internet reveals why 14-year-old Vaibhav Sooryavanshi shouldn't have watched 'Dhurandhar'
03:01 ‘Fly to India for free’: DHS uses Taj Mahal to promote ‘self-deportation’ with $2,600 incentive- 'Will not succumb to Delhi': TVK claims Vijay rejected Tamil Nadu CM post, 50% seats
Featured in city
- LPG Gas Crisis in India Live Updates: LPG curbs hit dairy processing in Madhya Pradesh, milk collection drops
12:32 ‘Felt humiliated and suffocated’: After joining BJP, Pradyut Bordoloi slams Congress, calls Imran Masood 'communal'05:25 Major Fire In Palam: Blaze engulfs residential building; rescue operations still ongoing- Hail pelts Bengaluru, north Karnataka; IMD forecasts more storms
- Drug bust at Hyderabad farmhouse: SIT suspects TDP MP Putta Mahesh Kumar consumed MDMA
- Indore House Fire Tragedy: Seven of family killed after suspected EV blast; minister orders SOP panel
Photostories
- Chaitra Navratri 2026: Traditional bhog offered to 9 avatars of Goddess Durga during the 9-day festival
- Not sure what to do with old pillows? Here are smart ways to reuse them
- 5 superbikes that offer the ultimate riding experience
- How to dry clean clothes at home: A step-by-step guide
- Ugadi 2026: 8 traditional dishes prepared on the day of festival
- “Bollywood fashion ka mustaqbil Hamza–Yalina ke naam”: What Ranveer Singh and Sara Arjun wore at ‘Dhurandhar 2's' music launch will leave you talking
- Doctor recommends top 10 medical tests you shouldn’t skip post-40
- 10 fun activities for your teen for summer vacation
- America’s million-dollar mansions left to rot: Inside the forgotten homes of the ultra-rich
- 5 harmless snakes in India that are secretly helping you every day
Videos
06:10 'Just A Pause, I Shall Be Back': Priyanka Chaturvedi's Viral Farewell Speech In Rajya Sabha03:51 'Hormuz Remains Our Foremost Priority': PM Modi Speaks To Kuwait's Crown Prince Amid West Asia War03:15 Russian Oil Tanker Bound for China Makes U-Turn to India as Delhi Steps Up Imports Amid Iran War03:00 'Esteemed, Kind People': Iran Thanks India As It Receives First Medical Aid Shipment From New Delhi07:14 India Secures Oil Supply As Jag Laadki Ship Survives War Threat At Hormuz, Reaches Gujarat Safely03:01 India On Target? Taj Mahal In Controversial US Deportation Ad Sparks Debate Over Migrant Exit Policy- 'Married Modi-ji': PM Modi Laughs As Mallikarjun Kharge Cracks Joke On Deve Gowda In Rajya Sabha
04:25 'UPI Global Expansion Signals India’s Rising Tech Influence And Power Shift', Says Shashi Tharoor13:51 Farewell With A Message: Modi Urges Outgoing Rajya Sabha MPs To Continue Public Service Beyond House
Up Next
Start a Conversation
Post comment