YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Surat increases export by 200pc of MMF fabrics to Pakistan

Related Keywords: burqas, export dress materials, export of MMF fabric to Pakistan, fabrics, huge demand in Pakistan, largest MMF hub, saris, sherwanis, SRTEPC, Surat biggest manufacturer of MMF, surti fabrics, Surti traders

Surat, the country's biggest manufacturer of man-made fabric has increase its export of (MMF) fabrics to Pakistan by 200 percent since 2011-12, a welcome development considering the hassled relations between the two countries.

According to Synthetic and Rayon Textile Export Promotion Council (SRTEPC), total export from India to Pakistan from April 2014 to January 2015 witnessed 20 percent increase at Rs 2,400 crore compared to the same period in previous year . The fabric export to Pakistan is predicted to touch Rs 3,000 crore by the end of this financial year.

Transporters, processors urged to reduce charges to make Surti fabrics cost effective

Related Keywords: capitalize dwindling oil, dwindling demand, end consumers, FOSTTA, make cost effective, polyester yarn prices, reduce charges, Surat textile traders, surti fabrics, textile markets, textile processors, transporters

The textile traders of Surat's wholesale market to make Surti fabrics more cost-effective for the end consumers across the country have urged the transporters and textile processors to reduce their charges In order to capitalize on dwindling oil and polyester yarn prices.

They have been facing a tough time for the past few month with the supply of fabrics in value terms decreasing by almost 30 percent due to dwindling demand from the key markets such as Delhi, Mumbai, Kolkata, Punjab, Chandigarh, Chennai etc.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button