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India's synthetic fibre industry to grow by 5-6 pc CAGR

India's synthetic fibre industry to grow by 5-6 pc CAGR

Friday, April 14, 2017, 9:05 PM

Country's synthetic fibre industry is estimated to grow by around 5-6 percent per annum over the next five year's period. "India's synthetic fibre industry has grown from 43 million tonnes in 2002 to 63 MT in 2017. We expect the industry to grow at 5-6 percent CAGR in the next five years period," Association of Synthetic Fibre Industry (ASFI) president Rajen Udeshi told reporters.
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