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SRTEPC honours RIL with 5 gold trophies
The Synthetic & Rayon Textile Export Promotion Council (SRTEPC), one of the oldest export promotion councils in India, has conferred Reliance Industries (RIL) with a series of awards for its exceptional performance in exports of fibres and yarns. RIL’s president, polyester chain, has also been recognised for his contribution in the textiles industry.
MMF: Daring to fly higher!
For the man-made fibre industry (MMF) in India, its disgruntlement is turning into unceasing aggression. The reasons are many: China exports 65 per cent of manmade textiles out of its exports of $650 billion while India´s share of manmade textiles is hardly 20 per cent out of its exports of $40 billion.
Dumping is a two-way traffic. ´Dumpers´ are victims themselves at times. For the global textile industry, which has come a long way since dismantling of quotas in 2005, this is a disputable irritant that rears its ugly head now & then.
Export soars, but ADD dampens MMF industry's hopes
With the AGM of the Synthetic and Rayon Textile Export Promotion Council getting over all the required formalities and agenda at the Ambassador Hotel in Mumbai recently, the rest of the time was devoted to the most urgent of matters - the ongoing Anti Dumping Duties (ADD)
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