Advisory cell soon in India for anti-dumping duty on yarn
The Indian textile commissioner’s office will soon form of a
technical advisory cell for the anti-dumping duty
investigation regarding import of nylon filament yarn
originating from countries like China, Korea, Taiwan and
Thailand. Yarn spinners in India are lobbying hard for
imposing anti-dumping duty on all the filament yarns,
A delegation from the Federation of Gujarat Weavers’ Welfare
Association (FOGWA) and the Federation of Indian Art Silk
Weaving Industry (FIASWI) met textile commissioner Moloy
Chandan Chakrabortty in Mumbai to discuss the issues related
to the anti-dumping duty and the Technology Upgradation Fund
(TUF) scheme early this week, according to a report in a top
FOGWA leader Mayur Golwala said the association has demanded
that the technical advisory cell should be formed taking
stakeholders on board.
The annual consumption of nylon yarn in and around Surat is
pegged at 1.50 lakh tonnes and that it is mostly used in
warp and weft knitting of fabrics.
China and other countries are manufacturing new yarns to
meet growing demand of the consumers. Imposition of
anti-dumping duty on such yarns keeps the powerloom weavers
away from getting quality yarn, which ultimately leads to
increased import of fabrics and garments in India.
The textile commissioner also assured to release ₹400 crore
pending subsidy amount.
FIASWI chairman Bharat Gandhi said: “Anti-dumping duty on
raw material is only going to ruin the textile sector. The
yarn spinners have been forming cartels for artificial price
hike and that the weavers have to pay a very heavy price.”