Take steps to restrict import of fabric from China: MP

... -

February 10, 2024 Ludhiana: Rajya Sabha MP Sanjeev Arora raised the industrial hub’s ailing textile industry’s concern about the unrestricted dumping of fabric imported from China at “unfair import duty” in the domestic market in the parliament’s ongoing budget session.
The MP also demanded immediate action to protect the domestic textile sector.
Arora said unfair dumping of synthetic knitted fabrics has created immense pressure on domestic players, jeopardising jobs, revenue, and the very core of production capacity.
He said, “Polyester industry, currently operating at 70%, faces an unprecedented threat due to unfairly priced imports from China For the past year. This threat has the potential to cripple Indian Industry, reducing capacity to less than 50% and causing widespread job and revenue losses.”
Arora said steps must be taken to restrict the import of fabrics from China and protect vital Indian industry. tnn

Share to ....: 129    

Most viewed

Short Message Board

Weather Forecast India

Visiter's Status

Visiter No. 31365860


Cotton Group