Century Textiles is expecting a 10 percent rise in exports in this fiscal, aided by the falling rupee. This hope is based on favorable raw material prices in global markets and also the recovery in Western economies. Total exports stood at Rs 415 crores in FY '13 against Rs 367 crores in FY '12.
The company is taking steps towards increasing its cement capacity. After expansion, its total cement capacity will increase to 12.8 mtpa. The textile sector is on a recovery path mainly due to favorable raw material prices as well as improved demand from the US and recovery in demand from Europe. Presumption of zero percent excise on ready-made garments will also boost exports.
The company is a trendsetter in cotton textiles and has a significant presence in a number of industries including viscose filament, rayon yarn, tyre cords, chemicals, salt, cement.




