In a move to increase exports of manmade fibre textiles and technical textiles, an industry delegation will soon visit the US, the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) said.
“We will be very soon be taking a delegation from India to the US and meeting top American Companies to increase exports of Manmade fibre textiles and technical textiles,” said SRTEPC chairman Bhadresh Dodhia.
India’s overall exports of manmade yarns and fabrics were $788 million in FY23, down 10% year-on-year from $878.34 million in FY22.
“US is also a source of supplies of high quality raw materials like speciality yarns, aramid yarns, filter fabrics etc that are required by the Indian manufacturers of technical textiles,” Dodhia said, adding that the US is one of the leading export markets for textiles and clothing from India.
Source: www.economictimes.indiatimes.com
