Home / Knowledge / News / Textiles / PYMA urges govt to revive its polyester fabric industry
PYMA urges govt to revive its polyester fabric industry
06
Jun '17
Pakistan Yarn Merchants Association (PYMA) has urged the Pakistan government for revival of the polyester filament fabric industry. The government's proposal to impose 5 per cent regulatory duty on the import of filament yarn of polyester has not received support from PYMA (Sindh-Balochistan zone). Polyester yarn is the raw material for fabric industry.

"It is not justified to put regulatory duty to protect two or three industries against 5,00,000 people. These industries are providing employment to only 1500 families whereas 2,00,000 families are associated with the SME sector," PYMA (Sindh-Balochistan zone) chairman Danish Hanif told a Pakistani leading daily. The production capacity of the polyester filament/synthetic yarn (PFY) manufacturing units has remained the same since its installation. Further, there has also been no modification to improve its manufacturing capacity.

Opposing the implementation of the regulatory duty, Hanif said that already there is 6.23 percent (on average) anti-dumping duty on the Chinese PFY. Further, there is also high custom duty on the polyester yarn. On the contrary, there is only 25 per cent domestic production of polyester fabric against its total requirement. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Pexels

Textiles | On 15th Jul 2018

WCO publishes global standards on e-commerce

The World Customs Organization (WCO) has published the Framework of...

Courtesy: M Dohmen

Textiles | On 15th Jul 2018

Archroma takes remaining minority shares in M Dohmen

Archroma, leader in colour and specialty chemicals towards...

Courtesy: Reebok

Fashion | On 15th Jul 2018

Reebok, CFDA join hands to nurture America's fashion

Global fitness and lifestyle brand Reebok has joined hands with the...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Kalai Selvi

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Mike Hoffman
Gildan Activewear SRL

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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