The Synthetic and Rayon Textiles Export Promotion Council popularly known as SRTEPC has organised its Annual Export Award Function in Mumbai on 9 March 2023 to recognize and felicitate its member-exporters who have excelled in exports for the year 2021-22. SRTEPC was set up in 1954 and it is the only Council in India for export promotion of Technical textiles and Manmade fibre textiles.
Shri Piyush Goyal, Hon’ble Union Minister of Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution was the Chief guest during the event and gave out the Awards to the winners. Senior Govt. officials Smt. RoopRashi, Textiles Commissioner, and Shri R K Mishra, Additional DGFT, Mumbai, Consul Generals of the Republic of Turkey, UAE and Kenya were also present at the SRTEPC Award Function.
The Hon’ble Union Minister Shri Piyush Goyal during his keynote address has appreciated the services of SRTEPC and mentioned that he is confident on SRTEPC for taking exports of technical textiles and MMF textiles to greater heights. The Minister informed about India’s goods and services exports crossing US$750 billion during 2022-23. In the context of the recently implemented India-Australia ECTA, the Minister informed about duty-free market access for Indian goods in the Australian markets and urged the Indian exporters to take advantage of the same.
SRTEPC Chairman Shri Dhiraj Raichand Shah welcomed the Hon’ble Minister and thanked for gracing the event and giving the Awards to the winners. He also mentioned during his special address that for the first time in the 69 year history of SRTEPC the Hon’ble Commerce and Industry Minister has given the Export Awards. SRTEPC Vice Chairman Shri BhadreshDodhia during his Vote of thanks congratulated the Minister for his proactive approach, vision, dynamism, and direction that resulted in record merchandise exports of US$ 422 billion in 2021-22.Shri Dodhia informed that the exports of MMF textiles & Technical Textiles segment have huge potential and will significantly contribute to overall exports with around 30% to 35% share by 2030.
The SRTEPC has conferred Exemplary Contribution Award to Shri B.K. Goenka, Chairman of Welspun group, during the Export Award Function. ShriBalkrishanGoenka, Chairman, of the US$2.7 billion Welspun Group is one of India’s most dynamic business leaders. During his address Shri B.K. Goenka appreciated the work of SRTEPC and he mentioned that the mandate to SRTEPC for export promotion of technical textiles also is the correct step from the government.
