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Make in India policy likely to destroy the local textile industry

Related Keywords: AIMIM, anti-dumping duty, Bhiwandi Powerloom Federation, cost of grey fabrics produced going up, Demand to remove anti-dumping duty on yarn, forced to buy expensive yarn, FOSTTA, impose a duty on import of fabrics, local textile industry, Make in India policy, MIMA, proving disastrous, raised from various circles

Demand to remove anti-dumping duty on yarn is being raised from various circles including Federation of Surat Textile Traders Association (FOSTTA), Malegaon Industries and Manufacturers Association (MIMA), Bhiwandi Powerloom Federation and other organisations working for the industry. Also Hyderabad MP and All India Majlis-e-Ittehadul Muslimeen (AIMIM) President Asaduddin Owaisi making a strong appeal to the government to remove anti-dumping duty on synthetic yarn, on Wednesday said that the government's 'Make in India' policy is proving disastrous for the local textile industry.

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