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FIASWI urges for hike in import duty on Chinese fabric

Related Keywords: Chinese fabric, Federation of Indian Art Silk Weaving Industry, FIASWI, hike in import duty, import of MMF fabric, Maharashtra, man made filament yarn, MMF, subsidy by Chinese government, Surat

The Federation of Indian Art Silk Weaving Industry expressing concerns over the dwindling in demand of man-made fabric (MMF) manufactured in Surat, Maharashtra and other parts of the country due to the huge increase in import of MMF fabric in 2013-14 from China, Taiwan and South Korea.

FIASWI has urged for hike in import duty on fabric from 10% to 30% to discourage Chinese manufacturers.

At NYC trade show, Chinese textile companies was the point of interest

Related Keywords: apparel, Chinese fabric, denim, embroidery, Fashion and garment industries, home, International apparel sourcing expo 2014, lace, linen, silk, textile company, wool

President of the China National Textile and Apparel Council Wang Tiankai, in opening remarks stated that the trade show shows that the Chinese textile industry and its US counterparts and trading partners can enjoy orderly and stabile free-trade environments and enhance communication, deepen mutual understanding.
 
The Chinese textile industry is a major contributor to the global economy and that the industry will continue to make efforts to extend their cooperation for the textile industries of the two countries.
 

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