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FOSTTA seeks anti-dumping duty on Chinese fabrics
18 May '16
2 min read
The Federation of Surat Textile Traders Association (FOSTTA) has urged the Union Government to slap anti-dumping duty on fabrics imported from China and other countries to save India's domestic man-made fabric (MMF) sector.
In a letter to Union Textiles Minister Santosh Gangwar, FOSTTA said that almost half the MMF sector in Surat has been forced to observe a total shutdown for the past one month. Powerloom weavers have stopped manufacturing polyester fabric due to weak demand in the face of cheap imported fabrics from China.
"We have urged the Central Government to impose anti-dumping duty on the imported fabrics. Compared to the fabrics produced indigenously, the imported fabrics are almost 100 per cent cheaper. In the last one year, crores of meters of fabrics has been imported into the country, thereby paralyzing the MMF sector," FOSTTA President Manoj Agarwal said.
Agarwal also said the benefits under the Technology Upgradation Fund Scheme (TUFS) should be extended to the textile processors as well as the traders. Currently, the TUFS benefits are only for the powerloom sector.
FOSTTA has also demanded cargo service form the Surat airport at the earliest. According to Agarwal, this would help local textile exporters to directly export the fabrics to various destinations, instead of transporting the goods first to Mumbai and Delhi. (SH)
In a letter to Union Textiles Minister Santosh Gangwar, FOSTTA said that almost half the MMF sector in Surat has been forced to observe a total shutdown for the past one month. Powerloom weavers have stopped manufacturing polyester fabric due to weak demand in the face of cheap imported fabrics from China.
"We have urged the Central Government to impose anti-dumping duty on the imported fabrics. Compared to the fabrics produced indigenously, the imported fabrics are almost 100 per cent cheaper. In the last one year, crores of meters of fabrics has been imported into the country, thereby paralyzing the MMF sector," FOSTTA President Manoj Agarwal said.
Agarwal also said the benefits under the Technology Upgradation Fund Scheme (TUFS) should be extended to the textile processors as well as the traders. Currently, the TUFS benefits are only for the powerloom sector.
FOSTTA has also demanded cargo service form the Surat airport at the earliest. According to Agarwal, this would help local textile exporters to directly export the fabrics to various destinations, instead of transporting the goods first to Mumbai and Delhi. (SH)
Fibre2Fashion News Desk – India
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