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India not to impose ADD on PSF
The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry, Government of India, has concluded that imposition of anti-dumping duty (ADD) is not warranted on imports of polyester staple fibre (PSF) from China, Indonesia, Malaysia and Thailand.
Dumping is a two-way traffic. ´Dumpers´ are victims themselves at times. For the global textile industry, which has come a long way since dismantling of quotas in 2005, this is a disputable irritant that rears its ugly head now & then.
Polyester filament yarn (PFY) has always posed various problems in India due to different lobbies from the textile industry acting in their own interests. A national fibre policy could have led the industry to a solution but so far, it has been only a far cry.
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