India’s NCTC desires elimination of ADD on viscose staple fibre



The Nationwide Committee on Textiles & Clothes (NCTC) lately appealed to Prime Minister Narendra Modi to take away anti-dumping responsibility (ADD) on viscose staple fibre (VSF) and handle the VSF spun yarn availability and value points to forestall job losses and stoppage of manufacturing throughout the VSF textile worth chain. NCTC is a typical platform representing the chain.

The textile business has been going through stagnation for a few years, primarily because of the lack of availability of the fundamental uncooked materials of synthetic fibre/filament yarn at internationally aggressive costs.

Taking a critical view of the excessive value of VSF in India, leaders of the Attire Export Promotion Council (AEPC), the Confederation of Indian Textile Trade (CITI), the Clothes Producers Affiliation of India (CMAI), the Indian Spinners Affiliation (ISA) and the Powerloom Improvement Export Promotion Council (PDEXCIL) submitted a joint petition to the prime minister on this regard.

The demand for VSF and its blended textiles and clothes has elevated each in India and overseas. Because the imported yarn value is cheaper, the weaving and knitting sectors have been importing massive quantity of VSF spun yarn earlier.

The import of VSF spun yarn has elevated from 2 million kg throughout fiscal 2016-17 to 56 million kg throughout 2019-20, a press launch from NCTC stated.

NCTC additionally highlighted that within the post-pandemic market state of affairs, VSF value has elevated from $1.15 to $1.50 per kg in the previous few months. The provision and value are affecting the whole VSF worth chain, particularly the knitted and energy loom sectors.

All the main VSF energy loom clusters in Tamil Nadu, Maharashtra and Gujarat are agitating in opposition to the steep enhance in VSF costs.

Fibre2Fashion Information Desk (DS)

The Nationwide Committee on Textiles & Clothes (NCTC) lately appealed to Prime Minister Narendra Modi to take away anti-dumping responsibility on viscose staple fibre (VSF) and handle the VSF spun yarn availability and value points to forestall job losses and stoppage of manufacturing throughout the VSF textile worth chain. NCTC is a typical platform representing the chain.





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