Import of synthetic textile from China poses a major risk to Indian synthetic textile industry

India has witnessed a surge of synthetic textile products imports from China after imposing an anti-dumping duty on a key raw material Purified terephtalic acid (PTA) which is used for making synthetic textile fibre, said Chemicals and Petrochemicals Manufacturers Association on Friday.

India imposed anti-dumping duties in the range of $19.05-117.09 a tonne on purified terephtalic acid from China, Korea, the European Union and Thailand. This was after a plea by Reliance Industries Ltd and Mitsubishi’s MCC PTA India Corporation.

According to CPMA, after the anti-dumping duty was levied on the raw material, the finished good synthetic textiles are being imported in large volumes from China.

Imports of polyester staple fibre more than tripled to 16,785 tonnes in July-August this year, compared with 4,441 tonnes a year before. Similarly, purchases of PFY from overseas more than doubled to 8,965 tonnes in the last two months from a year earlier.

China is becoming more aggressive now since its domestic demand is stagnant.

China also intends to finish off competition from Indian domestic producers in the case of raw materials used for synthetic textiles so that Chinese producers can dictate terms later.

The CPMA has also written to Nirmala Sitharaman, Minister of State for Commerce, to apprise her that sharp surge in import of Chinese synthetic textile items and raw materials is posing a major risk to Indian synthetic textile industry.

Recent Posts

Better Earth unveils biodegradable fiber tableware

Better Earth has introduced the Farmer's Fiber Retail Collection, a new range of BPI-certified, US-made compostable molded fiber plates and…

17 hours ago

Engineers develop wireless tags using carbon fibers

Researchers have developed an innovative wireless tagging system that can identify objects and measure temperaturE without using traditional microchips.

17 hours ago

Avantium unveils breakthrough for recycling polycotton blends

Avantium has made a major breakthrough in textile recycling, developing a unique method to separate and reuse both cotton and…

2 days ago

Ventile, Northern Playground unveil versetile Anorak

Ventile has teamed up with Norwegian brand Northern Playground to introduce a new lightweight anorak designed for both outdoor adventures…

2 days ago

Faherty, Alternew to enhance retail experience

Faherty Brand has announced a new collaboration with Alternew to improve the shopping experience by offering convenient alteration services to…

2 days ago

GFA and PDS Ventures launch Trailblazer Program

GFA and PDS Ventures are searching for early-stage innovators with sustainable solutions that can transform the fashion and textile supply…

3 days ago