Home / Knowledge / News / Textiles / Anti-dumping duty on yarn can be a liability to weavers
Anti-dumping duty on yarn can be a liability to weavers
13
Dec '12
With the increase in anti-dumping duty on all synthetic yarns exported from countries such as Indonesia, South Korea, Malaysia and Taiwan, the weavers are paying more duty, says Mr. Arun Jariwala, president of Federation of Indian Art Silk Weaving Industry (FIASWI).

In a conversation with fibre2fashion, Mr. Jariwala said, “The finance ministry has raised anti-dumping duty from five percent to sixteen percent on all types of yarns including polyester, viscose and nylon. The weavers have to accept this dumping duty.”

“As a result, spinners and yarn manufacturers have also increased the prices by 30 percent per kg, which adds to the production cost of weaving clothes,” he informs.

“The weavers are paying more duty and that is why the textile industry in the country has not achieved any progress in the last five years,” he laments.

The Surat textile industry has more than 650,000 powerloom machines weaving about 30 million metres of fabric per day with an annual consumption of 600,000 metric tons of yarns and fibres.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search