Staple fibre up 131%, manmade textiles exports down says SRTEPC
07 Dec '05
3 min read
The Synthetic Rayon Textiles Export Promotion Council (SRTEPC) presented the review of exports of synthetic and rayon (manmade) textiles during September 2005.
Export Performance Exports of Synthetic & Rayon textiles were valued Rs.686.07crores during September 2005, showing a decline of 8.48% as compared to the performance in the same month of the previous year. Exports of fabrics and made-ups are showing downfall of 18 percent and 14 percent respectively, while the exports of yarn has increased by 8 percent in September 2005.
In September 2005 the export of staple fibres has shown an exceptional growth of 131%. Fabrics constitute 49% of the total exports followed by yarn (26%), made-ups (20%) and fibre (5%). The cumulative export during April-September 2005 was Rs.3601.26crores, as against the performance of Rs.4692.31crores during April-September 2004. During April-September 2005 the export has declined by 23.25% in rupee term and 19.91% in dollar term.
Export performance during September 2005 shows a decline of 8.48% in rupee term and 3.89% in dollar terms.
Export of Polyester Filament Fabrics has declined by 26% to Rs.175.57crores in September 2005 when compared with the same month last year. Blended fabrics like polyester viscose and polyester cotton declined by 9% and 20% respectively.
The exports of Polyester Wool Fabrics which has shown a considerable fall in August 2005, has now grown by 58% to Rs.5.46crores in September 2005. Viscose Spun Fabrics has shown a considerable fall of 92% during September 2005.