Tirupur, the knitwear and readymade garment capital of India, has reasons to smile. The revival in demand from traditional markets like Europe and the US and rupee depreciation against the US dollar, coupled with expected additional orders from newer markets such as Africa, Russia and Israel, will see the cash registers ringing, say garment exporters from the region. After two years of flat growth, the Tirupur Exporters’ Association (TEA), consisting of over 700 exporting units, expects to post 20 per cent growth in the current fiscal. Having reported exports worth Rs 13,000 crores for the last fiscal ended March 2013…