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Steady increase in Indian MMF export to Turkey

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India's MMF exports to Turkey will clock in higher growth in 2014-15, predicts a SRTEPC market report based on the steadily growing exports in man-made fibre from India to Turkey. Export to Turkey has grown to touch 19 per cent in 2013-14 and this trend continues in the current year. Turkey produces raw materials and intermediaries like fibre, yarn and fabrics for its flourishing garmenting sector but these are inadequate. Hence, it imports substantial quantity of textile material. The country is a major supplier of ready-made garments to Europe, thereby offering big scope for sourcing yarns and fabrics from India. Turkey’s total import of textile and clothing from world was nearly $12 billion in 2013. Its global import of textiles was about $10 billion during 2013 in which around 56 per cent ($6 billion) was of MMF1man-made fibre textiles.

 

India’s share in Turkey’s total import of man-made fibre textiles during 2013 was around $557 million accounting for 9 per cent. Hence, there is further scope for increasing exports of Indian MMF textiles to Turkey. A significant amount of MMF yarn from India is exported to Turkey. The major varieties are yarns, polyester filament yarn, synthetic filament yarn, polyester viscose yarn, etc. Viscose staple fibre was one of the major MMF textile products imported by Turkey during 2013 followed by polyester staple fibre and yarn of polyester staple fibre, etc.

During 2013-14, exports of synthetic and rayon textiles to Turkey were valued at $556.87 million. This growth was 19 per cent as compared to the previous year. Yarns make up 71 per cent of the total exports and fabrics make up another 5 per cent, while made-ups are 6 per cent and fibre 18 per cent.

 
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