Home / Knowledge / News / Textiles / MMF industry seeks quick steps to curb Chinese imports
MMF industry seeks quick steps to curb Chinese imports
25
Jun '16
Alleging that Chinese exporters are undervaluing their man made fibre (MMF) merchandise and dumping cheap synthetic fibres in the Indian market, industry bodies of MMF makers have sought immediate action from the Union government to curb the practice.

“A strong demand has been made to the government to levy 20 per cent as anti-subsidy duty based on a list of over 20 subsidy schemes that are offered to Chinese exporters who are resorting to undervaluation of fabrics as they get duty benefits from Chinese government,” said Anil Rajvanshi, Chairman of Synthetic Rayon Textiles Export Promotion Council (SRTEPC) during a recent visit to Surat.

The SRTEPC, Federation of Indian Art Silk Weaving Industry (FIASWI) and Association of Synthetic Fibre Industry (ASFI), have petitioned the government to levy an anti-subsidy duty on Chinese fabrics.

Rajvanshi said the industry associations had requested the Indian government to seek an explanation from China on the subsidies and hoped that a customs duty will be imposed on the landed price after factoring the subsidies given back home.

Rajvanshi had stated that Indian government officials had sought details on the fabric containers coming from China, valuation of the fabrics, etc.

Therefore, they were now urging the government to expedite the process of seeking clarification from the Chinese government on the various subsidies offered to its exporters that had resulted in dumping of synthetic fabrics and yarn in the Indian market.

According to industry sources, the total installed capacity of synthetic fibre in India is five million tonnes, while China has a surplus of nine million tonnes. Due to slowdown in China, the country has been dumping the surplus into India on the back of subsidies offered by the government.

"The import of synthetic textile from China in 2015-16 stood at $800 million. This was largely due to the surplus capacity with China," said Rajvanshi. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

'Sportswear is much more mainstream than earlier'

Fashion | On 20th Jul 2018

'Sportswear is much more mainstream than earlier'

The business of sportswear has evolved at a fast pace over the years. ...

Courtesy: YKK

Textiles | On 20th Jul 2018

Japanese firm YKK explores opening office in Uzbekistan

Japanese company YKK recently discussed with the Uztuqimachiliksanoat ...

HFPA alerts member firms on latest US tariff announcement

Textiles | On 20th Jul 2018

HFPA alerts member firms on latest US tariff announcement

The US Home Fashion Products Association (HFPA) has alerted its...

Interviews View All

Top executives
Textile industry

It will take some time for the people to change their buying choices

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search