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MMF: Daring to fly higher!
For the man-made fibre industry (MMF) in India, its disgruntlement is turning into unceasing aggression. The reasons are many: China exports 65 per cent of manmade textiles out of its exports of $650 billion while India´s share of manmade textiles is hardly 20 per cent out of its exports of $40 billion.
$64 bn export by 2017 | An Uphill Task?
Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
MMF holds huge scope for growth
India is the second largest producer of man-made fibres (MMF) in the world with presence of large plants having state-of-the art technology. MMF textiles constitute almost two-third of the domestic textile market. However, India´s share in global exports of value -added textiles of MMF is miniscule.
FICCI meet: Driving growth through innovation
The Federation of Indian Chamber of Commerce & Industry´s (FICCI) 6th edition of Annual conference on textile and apparel Industry, ´TAG 2014´, held at the Hotel Taj Lands End, Bandra (West), Mumbai, focused on Driving Growth through Innovation in the Textile Industry.
TAG meet focuses on growth via innovation
FICCI TAG 2014 conference took place on November 18, 2014 in Mumbai, which was focused on driving growth through innovation in the textile and apparel industry. A white paper on “Driving Growth through Innovation”, prepared by FICCI and Wazir, was also released during the conference.
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