And all the deep

Synthetic and Rayon Textiles Exports

Last Updated: July, 2018

Introduction

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, colours 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. Textile industry contributes two per cent to India’s GDP, seven per cent to India’s industrial production and 15 per cent to the country’s exports.

  • Technical Textile Industry is estimated at Rs 1,16,217 crore (US$ 18,032 million) in the year 2017-18.
  • During the April-February 2017-18, exports of readymade garments of all textiles stood at Rs 97,984 crore (US$ 15,203 million).
  • Made-made yarn, fabs, made-ups grew 2 per cent in 2017-18 to Rs 31,089 crore (US$ 4,824 million) from Rs 30,559 crore (US$ 4,748 million) as compared to last year.
  • The textile and apparel exports stood at Rs 1.2 lakh crore (US$ 35.36 billion) in 2017-18.
  • India is second largest world producer of polyester and viscose, but India is ranked sixth in the exports of Man-Made Fibre (MMF) textiles.

THE SYNTHETIC AND RAYON TEXTILES 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 with business in India.

Total fabric production in India is expected to reach 69 billion sq mts during the year 2017-18.

Source:
Government of India

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Synthetic & Rayon

1 - Resham Bhavan
78, Veer Nariman Road
Mumbai - 400020
Maharashtra
India

Tel.:+91-22-22048797/22048690
Fax: +91-22-22048358
Email: [email protected]
Website:

Total fabric production in India is expected to reach 69 billion sq mts during the year 2017-18.

Source:
Government of India

Exports

Synthetic and Rayon Textiles

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