FIASWI protests anti-dumping obligation on nylon filament yarn | Surat Information

FIASWI protests anti-dumping duty on nylon filament yarn | Surat News

SURAT: The Indian Artificial Silk Weaving Association (FIASWI) and Powerloom Weaving Associations on Saturday urged the chairman of the Lok Sabha House Committee, CR Paatil, to request his intervention in the central government’s assessment not to impose an anti-dumping duty on nylon filament yarn.
FIASWI Chairman Bharat Gandhi met Paatil, who is also a Navsari MP, along with the head of the Powerloom sector.
FIASWI sources said that out of 12 yarn spinners in the country, only two leading yarn spinners have applied to the General Directorate for Anti-Dumping Duties (DGAD) for an anti-dumping duty on nylon filament yarn imported from China, South Korea and other Asian countries. If the DGDA agrees, more than two lakh powerloom machines will be shut down, leaving more than 1.5 lakh workers unemployed.
Bharat Gandhi said: “Over 10,000 weavers and their families in Surat will suffer from the imposition of an anti-dumping duty on nylon filament yarn. The industry has suffered from the anti-dumping duty on nylon yarn for 11 years, which was canceled by the government in 2018 and is now being reviewed by the DGAD. ”
Gandhi said the anti-dumping duty on yarn will increase imports of cheap fabrics from China and Bangladesh. In 2018-19, $ 2 billion worth of garments and fabrics were imported from India.
“Domestic weavers cannot compete with cheap fabrics imported from China and Bangladesh. Spinners are unable to produce nylon yarn that meets the standards set by China. However, the weirdos are aiming for an anti-dumping duty so that they can run a price cartel in India, ”said Gandhi.
Ashish Gujarati, Head of the Powerloom Sector, said: “Not only Surat, but also powerloom centers such as Ludhiana, Bhiwandi, Amritsar, Bhilwara and Varanasi will suffer from the anti-dumping duty on nylon yarn. We asked CR Paatil to take up the problem with the central government and help the industry. ”

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