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PRESIDENT'S MESSAGE

The Government of India has announced several important schemes with the objective of increasing India’s share in the global man-made fibre (MMF) value chain. The fibre ratio in India currently stands at 65% cotton and 35% man-made fibre (MMF), unlike the global trend where MMF dominates. Hence, the export potential in the MMF segment is very high. To address these challenges and position India as a leading country in MMF-based textile manufacturing, the Government introduced a comprehensive Production Linked Incentive (PLI) Scheme.

This scheme will usher in a new phase of growth for the MMF sector and expressed confidence that, with the development of a.... Read More

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