Export of Man-Made Fibre Textiles at all-time high

摘要

Exports of Indian man-made fibre textiles touched an all-time high of Rs. 12,624 crores during 2007-08; showing a growth of over 16% compared to the previous financial year. What is more remarkable about this achievement is that it has been accomplished in the face of a sharp appreciation of the rupee, spiraling oil prices and raw material costs, high interest rates and general economic slowdown in some of the major markets, said Shri Sanjeev Saran, Chairman, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) on the occasion of the Annual General Meeting held in Mumbai on 26th September 2008.