The talks were held between representatives of six manufacturers associations, including Tirupur Exporters Association and South India Hosiery Manufacturers Association and eight major trade unions.
The associations offered 18 per cent hike in the wages in the first year, increasing three per cent more from the last time the talks were held and three per cent annual hike during second, third and fourth year, S Duraisamy, President, Joint Action Committee of Trade unions, said.
Since the manufacturers wanted to discuss the issue in their executive committee, further talks were fixed for March 24, Duraisamy said.