Exports

Synthetic and Rayon Textiles

Synthetic and Rayon Textiles

Last Updated: August, 2015

Introduction

India has a diverse and rich textile tradition. Contemporary Indian textiles not only reflect the country's rich and splendid past, but also cater to the demands of the modern day. In fact, India is today one of the world's leading manufacturers of manmade textiles. The fibre and yarn produced in India is comparable to the best in the world. Indian fabrics are known for their excellent workmanship, colours and durability. Due to heavy investments in world-class manufacturing plants, continuous innovation, new product mix, and strategic market expansion, Indian man-made fibres (MMF) are all set to take centre stage in the global arena.

Highlights

  • Polyester is the largest segment of the Indian MMF and rayon textile industry.
  • Indian MMF textiles are exported to more than 140 countries.
  • Exports of Indian Synthetic and Rayon MMF textiles during 2013–14 were US$ 6,160.48 million against US$ 5,249.30 million during 2012–13 showing a growth of nearly 17 per cent.
  • During this period, fabrics dominated the total exports with 36 per cent share followed by yarn 33 per cent, made-ups 21 per cent and fibre 10 per cent.
  • Polyester filament fabrics (US$ 789.48 million) was the leading fabric exported during 2013-14 followed by synthetic filament fabrics (US$ 450.16 million) and polyester viscose fabrics (USD 327.92 million).
  • The top 10 markets accounted for over 51 per cent of India's exports.
  • The UAE is one of the consistent top market for Indian MMF textiles.
  • Other high growth markets are the US, Turkey, Brazil, Egypt, Pakistan, Afghanistan, Germany and the UK.

The Synthetic and Rayon Textile Export Promotion Council

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) was set up in 1954, to extend all possible assistance to Indian exporters of synthetic and rayon textiles and to overseas buyers doing business in India.

Exports of Indian MMF textiles during April-November 2014-15 were US$ 3.4 billion against US$ 3.2 billion during the same period of the previous year.

Source:
Synthetic and Rayon Textiles Export Promotion Council (SRTEPC)

SYNTHETIC AND RAYON TEXTILES E-BROCHURE

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Synthetic & Rayon

1 - Resham Bhavan
78, Veer Nariman Road
Mumbai - 400020
Maharashtra
India

Tel.:+91-22-22048797/22048690
Fax: +91-22-22048358
Email: srtepc@vsnl.com
Website: www.srtepc.org

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