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Removal of anti-dumping duty on VSF to boost MMF segment, says industry thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The National Committee on Textiles & Clothing (NCTC) has requested the government to remove anti-dumping duty (ADD) on Viscose Staple Fibre (VSF) and address the VSF spun yarn availability and price issues to prevent job losses and stoppage of production across the VSF textile value chain. NCTC said that the textile industry has been facing stagnation since many years due to a lack of availability of the basic raw materials of man-made fibre / filament yarn at internationally competitive prices. Taking a serious view of the high price of VSF in India, the captains of the various segments of VSF value chain, viz Apparel Export Promotion Council (AEPC), Confederation of Indian Textile Industry (CITI), The Clothing Manufacturers Association of India (CMAI), Indian Spinners Association (ISA) and Powerloom Development Export Promotion Council (PDEXCIL) under the common platform of NCTC have unanimously submitted a joint representation to the prime minister for the removal o ....
Scrap viscose staple fibre anti-dumping duty, textile bodies urge PM Modi National Committee on Textiles & Clothing said the textile industry has been facing stagnation since many years mainly due to the lack of availability of the basic raw materials at internationally competitive prices Joe C Mathew | January 10, 2021 | Updated 20:55 IST A joint committee of textile industry bodies has asked Prime Minister Narendra Modi s intervention in removing anti-dumping duty on viscose staple fibre (VSF) to address the VSF spun yarn availability and price issues. The National Committee on Textiles & Clothing (NCTC) comprising of different players in the VSF value chain said the textile industry has been facing stagnation since many years mainly due to the lack of availability of the basic raw materials of man-made fibre and filament yarn at internationally competitive prices. Unless addressed urgently, it will result in job losses and stoppage of production across VSF tex ....
NCTC appeals PM Modi to remove anti-dumping duty on viscose staple fibre ANI | Updated: Jan 10, 2021 20:54 IST New Delhi [India], January 10 (ANI): The National Committee on Textiles and Clothing (NCTC) has appealed to Prime Minister Narendra Modi to remove the anti-dumping duty on viscose staple fibre (VSF) and redressal of VSF spun yarn availability and price issues to prevent job losses across the VSF textile value chain. NCTC is a common platform for those industrialists who are in various segments of VSF, man-made, biodegradable fibre with characteristics similar to cotton. VSF is fast emerging as a sustainable alternative to cotton and demand for man-made fibre-based garments is much larger than cotton garments in the global market. ....
NCTC wants govt to remove anti-dumping duty on viscose staple fibre SECTIONS Share Synopsis NCTC observed that “owing to the growing demand for viscose staple fibre and its blended textiles and clothing market opportunities, the demand for viscose staple fibre has increased steeply not only in India, but also across the globe. Agencies Representative Image. National Committee on Textiles & Clothing (NCTC) had appealed to the Prime Minister Narendra Modi for removing anti-dumping duty (ADD) on viscose staple fibre (VSF) and address the VSF spun yarn availability and price issues to prevent job losses and stoppage of production across the VSF textile value chain. ....