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Ronak Rughani takes over as new SRTEPC chairman

13 Mar '19

1 min read

Ronak Rughani; Pic: SRTEPC

Ronak Rughani, joint managing partner of Rughani Brothers, has taken over as the chairman of The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) from March 7. Rughani has been the vice-chairman of the council for the last two years, actively involving himself in the various activities of the council including export promotional programmes.

Rughani has been instrumental in making the government include the merchant exporters under the Interest Equalisation Scheme (IES), SRTEPC said in a press release. The demand of the textile industry to extend the benefits of the Interest Equalisation Scheme (IES) to merchant exporters was a long pending issue which Rughani could effectively resolve. Rughani’s role was also crucial in increasing the MEIS rates on exports of fabrics, upward revision of DBK rates, etc.

A visionary leader at 40, Rughani is the youngest chairman of an export promotion council in India. He is a commerce graduate with a post-graduate diploma in family business from NMIMS, Mumbai.

"Rughani has led delegation to Panama during his tenure as vice-chairman. He also led roadshows to Egypt and Morocco for 'Source India 2018' and to Turkey for 'Textiles India 2017'," the release added. (RR)

Fibre2Fashion News Desk – India

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