The Government has removed the antidumping duty (ADD) on acrylic fiber (AF) originating in or exported from Thailand and imported into India. This is going to be beneficial for Indian sweater and shawl manufacturers as now they will get AF on competitive price.

The industry has welcomed the decision. Sanjay Garg, President, Northern India Textile Mills’ Association (NITMA), said that this was long overdue and will be a game changer for the Indian AF sector and it will go a long way in boosting the growth of the MMF Industry.

This move will act as an impetus to this labor-intensive sector with generation of additional employment and hiking the competitiveness of entire value chain of the Indian acrylic fibre sector, which is going to be a big fillip to value addition.

It is pertinent to mention here that NITMA has been pursuing relentlessly with the Government and has made several representations to the ministers and top bureaucrats.