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ADD on acrylic fibre, a death knell for knitwear
At the time of Pandemic further Imposition of anti-dumping duty (ADD) on acrylic fibre (AF) raw material sounds Death Knell for Ludhiana’s knitwear industry views Ludhiana Spinners Association (LSA).
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.
Export soars, but ADD dampens MMF industry's hopes
With the AGM of the Synthetic and Rayon Textile Export Promotion Council getting over all the required formalities and agenda at the Ambassador Hotel in Mumbai recently, the rest of the time was devoted to the most urgent of matters - the ongoing Anti Dumping Duties (ADD)
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