Founded in 1968 by three visionary entrepreneurs, Rupa & Company started as a humble dream and has grown into a leading name in India’s innerwear and…
Browsing: MMF industry
For Oerlikon, this will be the third major appearance in the region in the fourth quarter of this year, after having had in November two exciting…
Sanjay Garg, President, NITMA said that NITMA wholeheartedly welcomes the Government’s decision to revoke the anti-dumping duty (ADD) on acrylic fibre (AF) originating in or exported
In FY18, the domestic MMF industry in volume terms stood at 2,506 million kg. Domestic MMF demand witnessed an uptick of about 3.6% in FY18 on account of release of pent-up demand post the demonetisation and GST implementation.
Woes for the man-made fibre (MMF) industry have been piling up, with the proverbial last straw being the dumping of cheap fabrics in the last one year amounting to $850 million by countries including three major Asian nations ´ China, Taiwan and Korea.
The technical seminar, organised by Oerlikon Group in Daman, underscored the wider scope of manmade fibres in India. ´China will for the first time slowly change from planning industry principle to market-driven principle. Secondly, focus of China´s textile industry is more on domestic market development.
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.