Home / Knowledge / News / Textiles / MMF textile exports on the path of recovery - SRTEPC
MMF textile exports on the path of recovery - SRTEPC
Nov '09
Shri Ganesh Kumar Gupta – SRTPEC Chairman
Shri Ganesh Kumar Gupta – SRTPEC Chairman
Despite the continuous decline in overall exports, there have been signs of recovery in the exports of man-made fibre textiles from India, according to Shri Ganesh Kumar Gupta, Chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC).

He opined that this was a good indicator that Indian exporters have started recovering their lost momentum steadily, leaving behind the worst days of global financial crisis of the last year. He expressed the confidence that Indian MMF textile exports would register a positive growth in this calendar year.

Shri Gupta pointed out that according to the April-September 2009 export data, India's Man-made fibre textile exports had grown by 10.13% in dollar terms and 26.32% in rupee terms, as compared to the same period of last year.

He expressed the hope that the flow of positive information of recovery in the economies of the USA, Australia, New Zealand, UAE and Europe, which are the major markets for India's MMF textile exports, followed by the sales in Christmas and New Year would lead to a significant improvement in exports from India. However, he reiterated his request to the Government to increase the Duty Drawback Rates to boost exports by enhancing the price competitiveness of Indian exporters in the intensely competitive global markets.

The Synthetic & Rayon Textiles Export Promotion Council

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search