Dec '08
Elastomeric, popularly known as Spandex or Lycra, is not produced in India and thus textile and apparel manufacturers depend heavily on imports. Available statistics show that with in the period from April and June this year, India imported 254,033 kg of Elastomeric, worth Rs1 billion.
Mr Ravi Kumar, Deputy Director of Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), while speaking to Fibre2fashion.com, said, “Every one is asking the same question, 'why such restriction', as in very few companies are importing this product. Now importers will have to apply for license to import Elastomeric and that is a troublesome procedure.”
It is now expected that due to lack of spandex, there would be delay in delivery of export orders as it is used to manufacture stretchable fabrics for both domestic and export purposes.
Mr Ravi Kumar lastly stated that hopefully Government will remove the restriction in few months. Usually restriction is not kept on products which are not manufactured in country.
National synthetics, an importer of elastomeric yarn, and extensive user of the same, fears that this restriction would have an adverse effect on its trade.
Mr Gautam Gupta, Partner of the manufacturing firm, stressed, “This was an unnecessary step. Government cannot put a ban on products those are not manufactured in the country. We are importing Elastomeric from Korea, China, Singapore, and Thailand.”
Each month India imports approximately 300 to 400 ton of elastomerics, to which National synthetics' share is around 30 to 40 ton.
“Spandex is used to manufacture apparel with elastic properties mainly for sportswear and casual wear. These apparels are exported to various countries. Due to this decision our country will lose export orders. These orders will be taken way by Bangladesh and Srilankan exporters”, lamented Mr Gupta.
Spandex yarn comes in two types, Bare Spandex yarn and Composite Spandex yarn. Manufacturers from India import bare spandex. If restriction would have been on composite spandex yarn, effects on manufacturers would be almost nil.
“In blended fabric, composition of Spandex yarn is mere 2 to 5 percent and rest cotton is used. Manufacturer's requirement is of approximate 2 to 3 boxes only and this kind of yarns have a very short life span, so we cannot even store this product”, expressed Mr Gupta.
Due to sudden restriction on Elastomeric product manufacturers are going to face difficulty. Now they will not be able to handle export orders smoothly.
Fibre2fashion News Desk - India
Must ReadView All
Textiles | On 24th Apr 2018
Alliance to form joint entity for safety in factories
On the 5th anniversary of the Rana Plaza Collapse, The Alliance for...
Textiles | On 24th Apr 2018
China’s Alibaba partners with Thailand for digital trade
China’s Alibaba Group recently signed an agreement with the Thai...
Apparel/Garments | On 24th Apr 2018
ACFTA to benefit Egyptian RMG exports: trade body official
Egypt’s readymade garment (RMG) sector’s exports to African countries ...
Interviews View All
Smarth Bansal
Colorjet India Limited
We would like to venture more companies into the Indian market
Top executives
Textile industry
Defining MSMEs on the basis of turnover makes it simpler to do business
Marazban F Velati
Sutlej Textiles & Industries limited
No training can be effective till the candidate believes in it.
Oswal Prints Private Limited has been manufacturing and exporting ethnic...
Conceived in Europe and curated in New Delhi, NeceSera is a...
Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....
Paolo Ocleppo
Sandvik Hyperion
Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...
Steve Cole
Xerium Technologies
Steve Cole of Xerium Technologies discusses the industry. Xerium is the...
Mohammad Hassan
Biax Fiberfilm
About one in every 20 patients picks up an infection while hospitalised....
Amiben Shroff
Shrujan
From its modest beginning in the late 1960s, Shrujan has grown into a...
Madhu Jain
Madhu Jain
She grew up in the walled city of Old Delhi, completed her studies, and...
Sidharth Sinha
Sidharth Sinha
<b>Sidharth Sinha</b> has contributed to the successful rebirth and...
Leave your Comments
Recommended
Want to know what happened in the textile world this week? Watch now!
news category
Related Categories:
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
Yes No SkipActive Poll
Do you see sustainability as a route to business growth?
YesTotal Votes: 103
Do you think adopting a sustainable approach will be a profitable move for your business?
Yes No SkipActive Poll
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
YesTotal Votes: 103
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
Yes No SkipActive Poll
Do you think adopting a sustainable approach will be a profitable move for your business?
YesTotal Votes: 103
Thanks for your valuable feedback. Claim your free latest sustainability e-book.
Active Poll
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
YesTotal Votes: 103
E-News Insight
Latest News Update in Your Mail Box.
