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RIL pushing to increase its presence in polyester biz

Related Keywords: annual capacity of 2 mt, expecting around 5 percent yearly growth, half the country’s 4.5 mt, higher than global average, largest manufacturer of polyester in the country, launching new brand RElan, Mukesh Ambani, pushing to increase its presence in polyester space, reduce India’s import of speciality fabrics, Reliance Industries

Mukesh Ambani’s Reliance Industries (RIL) largest manufacturer of polyester in the country, having an annual capacity of 2 million tonnes (mt), almost half the country’s 4.5 mt after launching of its new brand RElan is now pushing to increase its presence in the polyester space, it is expecting around 5 per cent yearly growth in this segment, much higher than the global average of 3 percent. China, with 45 mt manufacturing capacity out of 70 mt globally, is much ahead of India.

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