With the global textile industry increasingly embracing man-made fibres, Divya Shetty examines how India can step up its game by overcoming the hurdles. Global production of…
Browsing: MMF textiles
Let me wish all ITJ readers a Happy 2022. The year 2021 can be considered to be a year of recovery for the Indian textile industry.…
Dhiraj Raichand Shah, Executive Chairman of Shahlon Silk Industries Ltd, Surat, has taken over as Chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) at the recently held meeting of the Committee of Administration of the Council.
In September 2020, Textile Secretary Ravi Capoor informed investors that the Government of India was planning to bring a “focussed product scheme†to incentivise production of synthetic fibre-based apparel and technical textiles.
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.
The SRTEPC has played a transforming role over the years in promoting exports of Indian Man-made fibre textiles. Exports of these items which were negligible in the 1960s, have grown substantially to touch Rs. 34,518 crores (US$5.75 billion) during 2013-14.