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Textile industry asks govt to axe anti-dumping duty on viscose staple fibre

NCTC said 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 competitive prices

Textile
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The import of VSF spun yarn increased from 2 million kgs during 2016-17 to 56 million kgs during 2019-20

T E Narasimhan Chennai
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