Textile and textile products manufacturers in Indonesia plan to explore the viscose spun yarn market in India. As per an Indo Textiles report, the product is free from antidumping investigations initiated by the country's authorities and offers a $49.3 million export opportunity to Indonesia.
Redma Gita Wiraswata, Secretary General, Indonesian Fiber and Filament Yarn Producers Association (APSyFI) says, India has always been a prospective market for Indonesia. The discontinuation of anti-dumping duties by India is the result of the efforts of Indonesian government and producers to prove that Indonesian exports are not a threat and do not contain dumping.
Mohammad Faisal, Economist, Center of Reform on Economics (CORE) believes, the repeal of trade remedies policy could be a momentum for Indonesian producers to increase exports.
