Related Keywords: affect growth, any tampering with existing anti dumping duty structure, attracts more investments, China and Indonesia, domestic prices much higher, facing heat of increased dumping, flood the market with heavy discounts, Indian Man-Made Yarn Manufacturers Association, Make in India initiative, Viscose staple fibre based textile industry
The thriving viscose staple fibre (VSF)-based textile industry, which is facing the heat of increased dumping from China and Indonesia, has warned that any tampering with the existing anti-dumping duty structure will affect its growth.
As the viscose-based textile industry has shown a remarkable growth in the last five years, reflecting the spirit of Make in India initiative.
The existing anti-dumping duties, imposed in 2010, are up for review shortly and a section of the textile industry is calling for ending duty protection, citing rising input cost.
