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Synthetic And Rayon Textiles Industry

 
Synthetic And Rayon Textile In India
 

India has a diverse and rich textile tradition. Contemporary Indian textiles not only reflect the country’s rich and splendid past but also cater to the demands of the modern day.

Today, India is one of the world’s leading manufacturers of man-made textiles. Indian fabrics are known for their excellent workmanship, colors and durability. Due to heavy investments in world-class manufacturing plants, continuous innovation, new product mix and strategic market expansion, Indian man-made fibres (MMF) are set to take centre stage in the global arena.

Exports

  • Export of manmade fibre textiles during April-February 2016-17 stood at US$ 5250.79 million, as against exports worth US$ 5286.65 million during the same period a year ago.
  • The total yarn exports during April-February 2016-17 rose 6.55 per cent to US$ 1612.05 million as against exports worth US$ 1512.89 million during the same period a year ago.
  • Total fibre exports during April-February 2016-17 rose 9.5 per cent to US$ 542.34 million as against exports worth US$ 495.35 million during the same period a year ago.
  • India is the largest cotton and jute producer and second largest textile fibre producer in the world, and accounts for around 5 per cent share in the global textile and apparel trade.
  • Polyester is the largest segment of the Indian MMF and rayon textile industry.
  • Indian exports MMF textiles to more than 146 countries.
  • Turkey, Egypt, Indonesia, Brazil, and Germany are major importers of Indian man-made fibre yarns.
  • Total fabric production in India is expected to reach 69 billion sq mts during the year 2017-18.

 

The Synthetic and Rayon Textile Export Promotion Council

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) was set up in 1954, to extend all possible assistance to Indian exporters of synthetic and rayon textiles and to overseas buyers doing business in India.

 

Source: India Brand Equity Foundation


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