Thursday, February 20, 2020

SRTEPC AWARDS


India is continuously developing its textile traditions and bringing exceptional innovations in the textile industry. Indian yarns and fabrics are known for their excellent quality and versatility. History of textiles in India is so enriched that today India has become one of the most promising manmade textile manufacturers in the world. Indian manmade fibers industry is vast, vibrant, modern and continuously growing. Currently, India is producing 2655 million kgs of yarns, 1263 million kgs of manmade fibers and 27889 million square meters of fabric every year. The Indian government is also working to raise the reputation of Indian textiles globally.


The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) is one of the oldest Export Promotion Council in India, sponsored by Indian govt., established in 1954 to promote the Indian exporters who fabricate manmade fibers and textiles. SRTEPC has developed a 20 point strategy in which they included the factors such as making raw materials to be made available at international price, bringing in fibers neutrality, considering textile merchant exporters as a manufacturer exporter, lowering interest rates, WTO-compatible schemes and branding to expand the manmade Indian textiles at the global scale. This council mainly focuses on the production of biodegradable and synthetic products. 



Every year, the council distributes awards to its member exporters to appreciate their accomplishment in the export of products that comprised under the purview of the council. This award custom was inaugurated in the year 1972 to grant certification to the exporters for their exemplary service in the field of manmade fibers textiles. SRTEPC award acknowledges the exporters that are performing as an inspiration to the other members.


We, SutlejTextiles and Industries Limited, devoted towards manufacturing noteworthy gamut of yarns, have been rewarded with the Gold Award at the award function for the category “Synthetic Dyed Spun Yarn Gold Award for Highest Exports in the Year 2018-2019”. We were acknowledged as the second-highest exports of spun yarn. We are one-stop solution providers with an aim to set ourselves as a benchmark in the textile industry and continuously working towards maintaining the status that SRTEPC has given to us.


The luminous award function of The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) was held on February 8th, 2020 at Hriday Lawn in Mumbai. Our honorable minister of textiles Smt. Smriti Zubin Irani was the chief guest at the function and all the awards were conferred in her presence. Applauding the efforts of exporters, she said that in spite of invincible difficulties and global slowdown confronted by the textile industry, export of manmade textiles in India during the year 2018-2019 was of US$6.13 billion. She also added that it was impossible to achieve such great numbers without the combined efforts of the council and its exporter members.

Smt. Smriti Zubin Irani also released a report on the study of “Promoting Growth of Man-made Fibers Textile Industry in India – A Roadmap to identify gaps and suggest measures” by M/s. Gherzi Textil Organization AG, Zurich. She said that this report would help the exporters in both the export and production of manmade fibers. She finished the statement by saying that the textile industry will be motivated in the coming years from the acknowledgment of outstanding performance by exporters in meeting the international production and quality standards.

Shri Ronak Rughani, chairman of The Synthetic and Textiles Export Promotion Council (SRTEPC) mentioned in his announcement that our government has made a recent budget for 2020-21 in which he is planning to inaugurate the National Technical Textiles Mission with a four year implementation period from 2020-21 to 2023-24 at an estimated expenditure of Rs. 1,480 crore. He also said that 90% of the fibers used in the National Technical Textiles Mission will come from the manmade fibers and therefore this mission will be like putting a new life into the manmade fibers textile segment. In the end, he remarked on the outstanding efforts made by the members in the export front and congratulated them.

Convener of the Export Award Committee and Former chairman of The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), Shri Anil Rajvanshi added that it is not only an award event but a celebration of hard work done by the companies. 
The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) has the vision to take the Indian synthetic and rayon textiles internationally at a competitive level and make them sustainable so that they can serve equal benefit to both industries as well as environment.  Following the same, we at Sutlej are dedicated to manufacturing a hundred percent biodegradable and environment friendly range of yarns like cotton mélange, neppy yarn, polyester, acrylic, siro spun, multi-fold, double-ply, single-ply, lycra twisted, core-spun and roving grindle yarn. We are able to meet the exact demands of yarn buyers within India as well as out of India.

We became able to grab the SRTEPC award at the event because of our dedication towards business with sustainability. Our textile product ranges from exceptional grade yarn and fabrics to home furnishing and all are manufactured under the guidelines of The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC). We are able to meet the modern trends and customer’s expectations in a highly environment-friendly manner and therefore The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) acknowledged us with their prestigious award. Being a responsible and dedicated firm we are working hard to perpetuate our position and become the winner of the SRTEPC award every year.  

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