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Manmade yarn and fabric industry likely to see growth rate of 5 to 7pc in this year

Related Keywords: demand for polyester, demand recovery for manmade filament, domestic market to see larger growth, fibre, five to seven percent, Man made yarn and fabric industry, offtake by apparel manufacturer, see growth rate, stability in crude oil prices, synthetic fibre, yarn and fabric

The manmade yarn and fabric industry likely to see growth rate from five to seven percent in 2015-16, with stability in crude oil prices. However, as Indian synthetic yarn and fabric performance has not been one of the best internationally, the domestic market will see the larger growth.

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