Industry

Piyush Goyal Presents MATEXIL Awards In Various Categories

Textile Insights March 6, 2024

Manmade and Technical Textiles Export Promotion Council (MATEXIL) formerly SRTEPC presented various awards in various categories for 2022-23 Textiles Minister Piyush Goyal presented the awards to the winners and said that MATEXIL has done tremendous work and helped Indian textile exports reach

Industry

India Plans Setting Up ‘Bharat Park’ In UAE For Secure Trade Facilitation

Textile Insights January 14, 2024

India plans to set up ‘Bharat Park’ in UAE where Indian goods showroom and warehouses will come up. This will facilitate other countries of the world to buy Indian goods from ‘Bharat Park’ as the payment system is secured in UAE, stated Union Minister of Textiles & Commerce Piyush Goyal. He was speaking as Chief […]

Export

Indian Textile & Apparel Export Shipments Freight Spikes 40%

Textile Insights December 28, 2023

The attack on merchant ships by Houthi rebel attacks in the Red Sea has spiked freight rates by 40 percent, with expectations of them going up and impacting Indian textile and garment export costs. Red sea is one of the busiest sea routes that connect Asia and Europe, but the attacks have forced ships to […]

Export

India Eyes 75% Jump In MMF Textile Exports To US$ 11.4 Bn By 2030

Textile Insights December 12, 2023

The Indian textile industry expects India’s exports of man-made fibre (MMF) textiles to increase by 75% to reach US$ 11.4 billion in 2030, up from approximately US$ 6.5 billion in 2021-22. This growth is attributed to the Production Linked Incentive (PLI) scheme and Free Trade Agreements with the UAE and Australia. As the world’s second-largest […]

Event

SRTEPC Hosts Event In Istanbul To Promote Bharat Tex 2024

Textile Insights December 9, 2023

An event was organised in Istanbul as a curtain raiser to ‘Bharat Tex 2024’, the biggest global textile exhibition to be held in New Delhi from February 26-29, 2024. “Bharat Tex will be the largest global textile event, covering the entire value chain of textiles from farm to fashion,” the Indian Consulate General’s office in […]

Policies

‘Exempt QCO Against Advance Authorisations’ – SRTEPC Chairman

Textile Insights September 28, 2023

Imports against advance authorisations need to be exempted from the requirements of Quality Control Orders (QCOs) that includes manmade fibre textiles products such as fibres and yarns. Bhadresh Dodhia, Chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) pointed out that QCOs for textiles have exempted imports for re-export purpose from the

Technical Textile & Nonwoven

SRTEPC Presents Awards To Technical Textiles Exporters

Textile Insights September 23, 2023

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) gave away awards to felicitate its members exporting technical textiles. SRTEPC gave away around 24 awards to companies who have excelled in exports under different segments of technical textiles. Darshana Jardosh, Minister of State for Textiles, the chief guest presented the awards to the winners, while

Technical Textile & Nonwoven

SRTEPC To Introduce Technical Textiles Dashboard Amid Export Challenges

Textile Insights September 19, 2023

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) has announced plans to launch a technical textiles dashboard in the near future. Bhadresh Dodhia, Chairman of the council, said that this dashboard will provide valuable insights, including information on technical textile products experiencing increasing demand, countries leading in the export of each

Technical Textile & Nonwoven

SRTEPC Team Visiting USA To Promote Technical Textiles

Textile Insights July 3, 2023

A delegation from the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) will visit the US to meet top American companies and expand export of manmade fibres and technical textiles. SRTEPC which was set up to promote manmade fibre textile industry in India has now been assigned the task to promote technical textiles from India. […]