As the United States has announced an additional 10 per cent levy on Chinese synthetic exports, India is looking forward to take advantage of this opportunity, Rughani told Fibre2Fashion in an interview.
Synthetic and rayon textiles exports from India are worth $6.15 billion-around 16.5 per cent of the total textile and apparel exports worth $37.5 billion, according to Ronak Rughani, chairman of the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC). The United States has a lot of potential as a market for man-made fibre (MMF) textiles, he said.#