Domestic polyester fibre and yarn manufacturers give a sigh of relief due to the government's decision to raise customs duty on their import to encourage Indian producers

Related Keywords: apparel, fabrics, Filatex, import of manmade fibres, man-made filaments, man-made staple fibre products, nylon spun yarn, polyester, polyester filaments including shirting, polyester manufacturers, polyester staple fibre, polyester value chain, suitings and sarees, Textile Industry, textile value chain, Viscose staple fibre, woven fabrics

Mumbai
Summary: 
Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity expansion was planned by other polyester manufacturers as well. Polyester prices have moved in a narrow range over the last few months following crude oil prices. Data compiled by the Confederation of Indian Textile Industry (CITI) showed $1.6 billion worth of man-made filaments and man-made staple fibre products imported into India during the financial year 2017-18. Besides fabrics, import of manmade fibres (MMF) and MMF yarns have also sweeped since June 2017 when the goods and services tax (GST) was implemented. Import of polyester staple fibre (PSF) and viscose staple fibre (VSF) had increased by 5 per cent and 20 per cent respectively during the financial year 2017-18 including a similar increase in imports of other products in the polyester value chain.

Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity expansion was planned by other polyester manufacturers as well. Polyester prices have moved in a narrow range over the last few months following crude oil prices. Data compiled by the Confederation of Indian Textile Industry (CITI) showed $1.6 billion worth of man-made filaments and man-made staple fibre products imported into India during the financial year 2017-18.

https://www.business-standard.com/article/economy-policy/1-6-bn-respite-for-indian-polyester-fibre-and-yarn-manufacturers-118072100507_1.html
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Filatex starts commercial production of polyester fdy at Dahej plant

Related Keywords: at plant in Dahej, Filatex, Gujarat, hundred million tones per day, installing about 40 texturising machines at the plant, primarly manufacturing several grades of polyester yarn, ramp up long-term profitability, start commercial production for manufacturing polyester fdy, textile firm

New Delhi
Filatex starts commercial production of polyester fdy at Dahej plant
Summary: 
Filatex India Limited is an Indian textile firm primarily manufacturing several grades of polyester yarn has commenced commercial production for manufacture of 100 million tones per day of polyester fully drawn yarns at its plant in Dahej, Gujarat with effect from March 4, Filatex India said in a BSE filing today.

Filatex India Limited is an Indian textile firm primarily manufacturing several grades of polyester yarn has commenced commercial production for manufacture of 100 million tones per day of polyester fully drawn yarns at its plant in Dahej, Gujarat with effect from March 4, Filatex India said in a BSE filing today.

http://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/textile-firm-filatex-begins-commercial-production-at-dahej-plant/articleshow/51290626.cms
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