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Synthetic textiles: Imports hurt, exports hold new hopes
October 2019
Currently man-made fibre (MMF) dominates global textile fibre consumption with 72:28 ratio —MMF 72 per cent and natural fibre 28 per cent.
Indonesia turns to locally sourced rayon
September 2019
Key players in the Indonesian textile sector have formally agreed to optimise locally sourced, sustainably produced rayon to drive the growth of the national textile industry, which is a core pillar of the country’s economy.
Birla Cellulose’s Salem meet focuses on sarees
April 2019
The event was focused to provide a one-stop customer experience centre for innovation, technical, product and marketing solutions for the exporters, brands and buyers across the country.
ITME AFRICA 2020 launched at GTTES
February 2019
Organised by India ITME Society, the first edition ITME Africa is to be held in Millennium Hall, Addis Ababa, Ethiopia from February 14-16, 2020.
GST Council allows ITC refund to fabrics
July 2018
The Goods and Services Tax (GST) Council at its 28th meeting held under the chairmanship of Union minister for railways, coal, finance and corporate affairs Piyush Goyal has recommended for allowing refund of input tax credit (ITC) to fabrics. The refund of accumulated ITC shall be with prospective effect on purchases made after notification is issued.
SRTEPC hails import duty hike
July 2018
The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018.
200+ exhibitors from 40 countries for Source India
July 2018
About 200 buyers from leading textile and garmenting companies from 40 countries will visit the diamond city to crack deals with textile companies of Surat and across the country at the second edition of Source India 2018, India’s largest man-made fibre (MMF) exhibition in September.
SRTEPC holds road show for Source India 2018
July 2018
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Mumbai, the apex Export Promotion Council of MMFT exporters organised first Road Show/Seminar on “Source India 2018” quite recently in Bhiwandi at the Hotel Regent Garden with the support of our member-exporters and other textiles associations in and around Bhiwandi.
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