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Indian Man Made Fibre Industry
Credit Analysis & Research Limited, Aug 2009, Pages: 122
The Indian MMF industry dominated by polyester (70%) and viscose (10%) was valued at USD 4.63 bn in FY08. RIL and Grasim are the key players in the above segments respectively and India ranks amongst the top 3 countries in polyester production.
Globally, share of MMF consumption in textiles is 65% compared to 45% in India. The higher consumption of cotton is due to higher production of cotton domestically and tropical climate favoring cotton clothing. However, demand for MMF especially polyester is continuously rising and it has an inverse relationship with prices of cotton. With prices of cotton expected to remain higher, polyester consumption will improve.
In the current economic crisis, how will the Indian MMF industry cope up? What are the new emerging trends in the industry? The report seeks to answer the above issues using reliable sources of primary and secondary data and the author's views on the same.
The author’s report on the Indian MMF industry provides statistical data on various MMF products, industry outlook and its concerns.
The report is indispensable for any company in the textile industry, banks/ FIs, policy makers, research & academic organizations, other international and national agencies, etc. Additionally, the 12 monthly updates (for the period September 2009 to August 2010) accompanying the subscription of the said report would form a potent tool for the subscribers to keep abreast of the happenings in the industry.
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