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India to hit $7 bn in MMF textiles exports in 2020: SRTEPC
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion by the end of fiscal 2020-21, witnessing a growth of at least 10 per cent from the current level, according to Ronak Rughani, Chairman of the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC).
Livaeco, Birla Cellulose’s step towards SDG
The United Nations in the year 2015 came up with 17 Sustainable Development Goals as a standard which each country had to achieve by the year 2030 in order to bring about their overall development.
ITOCHU to invest in acquisition of Lycra
ITOCHU Corporation announced its participation, by capital investment, in the acquisition of US-based The LYCRA Company by its capital alliance and business partner Shandong Ruyi Science and Technology Group.
Grasim VSF revenue soars 35%
In the first quarter of fiscal 2018-19, the revenue of Grasim Industries from the viscose staple fibre (VSF) business has climbed 35 per cent to Rs 2,480 crore and EBITDA has been recorded at Rs 3,212 crore, up by 33 per cent.
Methods to control waste in multiplying process
High-waste generation at cop winder would lead to loss of production, find NK Mahajan, RN Turukmane, DS Borse, RD Parsi and SK Dey.
The Indian man-made fibre industry is creating a benchmark in allied fibre production, similarly competing with global man-made fibre industries. Some industries have practices to produce fibre, yarn and filaments on large scale without the measure to control hard waste during the multiplying process. This is why they cannot stand in the international market in terms of quality productivity.
MMF exports showing signs of recovery: SRTEPC AGM
Narain Aggarwal, Chairman of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), in his address at the 63rd Annual General Meeting held on September 28, 2017 in Mumbai said that exports of MMF textiles during the year 2016-17 had shown a nearly 2 per cent growth in value terms and was on path of recovery.