Home / Knowledge / News / Textiles / CSB petitions for extending anti-dumping duty on silk imports
CSB petitions for extending anti-dumping duty on silk imports
09
Jul '08
Cheap silk yarn imports from China have not only flooded the Indian markets but have nearly crippled the business of domestic silk producers and exporters.

Official sources from the state-owned Central Silk Board (CSB) informed Fibre2fashion, that in a bid to retaliate against this illicit trade practice, CSB has filed a petition with the Union Government to extend anti-dumping duty on silk yarn imported from China for another four years from January 2009.

Since Chinese silk yarn is cheaper in comparison to the India raw material, producers in India are finding it difficult to hook buyers.

A case filed by the CSB earlier led to the implementation of anti-dumping duty on silk yarn imports from China in 2002-03. Thereafter, domestic manufacturers witnessed a considerable increase in their profits while exports from India also experienced a substantial growth. The duties were extended again for a period of five years which ended in January 2008 and yet again for a year till January 2009.

Now, based on the newly filed petition of the CSB, the central committee would make a visit to the silk producing areas from next month to survey the charges for extending the anti-dumping duties.

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

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

Urs Stalder
Sanitized AG

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search