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Synthetic and Rayon Textiles Exports

Last Updated: November, 2020

Introduction

India has a diverse and rich textiles tradition. Contemporary Indian textiles not only reflect the country’s rich and splendid past but also cater to modern day demands.

Today, India is one of the world’s leading manufacturer of man-made textiles. 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 manmade fibres (MMF) are set to take centre stage in the global arena. Textiles industry contribute 2% to India’s GDP, seven% to India’s industrial production and 16% to country’s export and employs more than 18 million people directly and more than 20 million people indirectly.

  • In FY19, export of manmade staple fibre stood at US$ 572 million. Export of manmade yarn, fabrics and made-ups stood at US$ 4.9 billion, whereas, those for readymade garments of manmade fibres reached US$ 3.85 billion during the same period.
  • During April–July 2020, export of manmade staple fibre stood at US$ 321.89 million  and in July 2020 it was US$ 123.33 million.
  • Yarn export in July 2020, accounted to US$ 553 million.
  • Export of manmade yarn, fabrics and made-ups reached US$ 3.17 billion, while that of readymade garments of manmade fibres reached US$ 2.32 billion during the same period.
  • India is second largest world producer of polyester and viscose, but India is ranked sixth in export of Manmade Fibre (MMF) textiles.

The Synthetic and Rayon Textiles 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 with business in India.

 

Source:

  • Directorate General of Commercial Intelligence and Statistics

In FY20 (till November 2019), export of manmade staple fibres stood at US$ 353.99 million; manmade yarns, fabrics and made-ups at US$ 3.17 billion; and readymade garments from manmade fibres at US$ 2.32 billion.

Source:
Ministry of Textiles

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

In FY20 (till November 2019), export of manmade staple fibres stood at US$ 353.99 million; manmade yarns, fabrics and made-ups at US$ 3.17 billion; and readymade garments from manmade fibres at US$ 2.32 billion.

Source:
Ministry of Textiles

Exports

Synthetic and Rayon Textiles