FIASWI protests anti-dumping duty on nylon filament yarn | Surat News
23 Dec
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FIASWI protests anti-dumping obligation on nylon filament yarn | Surat Information

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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DGTR imposes anti-dumping duty on imported nylon filament yarn | Surat News
22 Dec
Blog

DGTR imposes anti-dumping obligation on imported nylon filament yarn | Surat Information

SURAT: To the disappointment of the Powerloom weavers, the General Directorate for Trade Aids (DGTR) recommended an anti-dumping duty on imports of nylon filament yarn from China, Taiwan, South Korea and Thailand.
In a notice released on Wednesday, the DGTR stated that the purpose of the anti-dumping duty is to remedy the damage caused to domestic industries by unfair dumping practices by exporting countries. Accordingly, a definitive anti-dumping duty in the range of 30 to 70 rupees per kilogram has been imposed on nylon filament yarn.
Industry sources said the nylon spinning industry was under 70% capacity due to dumping of low quality nylon yarn from China, Taiwan, South Korea and Thailand. With an installed capacity of 1.60 lakh tons per year, the industry produced about 1.10 lakh tons of yarn per year.
Narayan Agarwal, President of the Nylon Spinners’ Association, said, “Surat is the center for the manufacture of nylon filament yarn, which is about 70% of the yarn. An average of 1,300 tons of nylon yarn per month were imported from China and other countries, resulting in a huge loss for the industry. ”
Agarwal added, “The industry has welcomed the DGTR’s decision to impose a definitive anti-dumping duty on nylon yarn imported from China and other countries. In this way we can increase capacity and make new investments in the spinning sector. ”
Vinay Agarwal, Secretary of the Nylon Spinners’ Association, said: “Powerloom weavers have made false allegations against yarn spinners of price increases, unit closures and job losses. The results of the DGTR are based on detailed studies. The industry will not increase yarn prices as they are directly related to raw material prices in the international market. ”
Bharat Gandhi, Chairman of the Federation of Indian Art Silk Weaving Industry, said, “The DGTR’s decision has been disappointing for nylon weavers in the industry. We have called a stakeholder meeting to decide how to proceed, including appealing the decision to the Supreme Court. ”

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