SRTEPC news and archive

Indian textile majors eye Pakistani market

Many India textile majors are visiting neighbouring Pakistan and finding it a lucrative destination to build their presence in the country. Keeping similarity between the culture and tradition of both the countries in mind, these visitors are confident of establishing themselves in Pakistan. Vinod K Ladia, Chairman of Synthetic & Rayon Textiles...

Apparel

Mixed reactions to the Union Budget

FM Pranab Mukherjee’s Budget for the year 2012-13 in Lok Sabha today has had diverse reactions from the textile and apparel industry. While the industry has welcomed it, it has also expressed concerns over increase in excise duty from 10 to 12 per cent. The industry was hoping for a relief from the excise burden. Reacting positively to, Gautam...

Fashion

Synthetics hit by price hike

Unlike most other sectors the synthetic textile sector was unaffected by the recent global financial crisis and even achieved positive growth till recently. Exports during 2009-10 grew by nearly seven per cent at Rs 16,861 crores as against Rs 15,767 crores during 2008-09. But of late synthetic textile exports are not in a healthy state due to...

Apparel

Source India woos buyers

The, Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India is organising ‘Source India 2010’ in Mumbai between January 28-29, 2010. This high-profile B2B event under the aegis of the Ministry of Textiles will showcase the latest range of textile products from India and is aimed at attracting buyers, from West Asia and Africa....