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export performance, a serious concern for mmf segment
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) is one of the oldest Export Promotion Councils in India. The council has played a transforming role over the years, inculcating export culture and promoting exports of Indian man-made fibre (MMF) and textiles.
India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
Fulgar’s eco-sustainable fashion at Milan exhibition
From 16 to November 28, Fulgar—the Italian company that is the leader in the production of man-made yarn—will be present at Fabbrica del Vapore space in Milan for the exhibition – Textile Evolution - Made in Italy 4.0.
Issues related to GST & export incentives tabled during SRTEPC meet
SRTEPC delegation comprising of Narain Aggarwal and Ronak Rughani, met Suresh Prabhu, Union Minister for Commerce & Industry and Minister of Civil Aviation to appraise him on the GST issues being faced by the MMF segment and export promotion incentives.
Designed For Gains
Dollar has been hardening, making Indian textile and clothing exporters happy. With negligible import content for the domestic industry, and the Government’s bid to curb cheaper import, good times are ahead, reveals the ITJ Cover Story.
Cotton demand to pick up
Cotton yarn production in India continued to remain sluggish during the 2017-18 registering only a marginal growth of about 0.1 per cent YoY after declining by about 2 per cent during the same period last year.
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