KABUL: Synthetic and Rayon Textile Export Promotion Council (SRTEPC), apex body of Indian textile industry, is making serious efforts to increase direct trade of textiles from India, especially from the man-made fabric (MMF) hub in Surat, to Afghanistan.
The SRTEPC and Southern Gujarat Chamber of Commerce and Industry (SGhave jointly signed a memorandum of understanding (MoU) with a delegation from Afghanistan for boosting export of polyester fabrics and made-ups. The MoU was signed recently at ‘Souce-India-2016’ exhibition held in the city on August 13 and 14.
Afghanistan is a fast emerging market of textiles. Indian exporters have negligible direct trade of textiles with Afghanistan which they sell to this market through third countries. The current trade with Afghanistan is valued at around $165 million, which includes export of fabrics worth $161 million, made-ups worth $3 million and polyester yarn worth $1 million.
