Garment manufacturers in India believe, to compete in the fast-growing global MMF garments market, India needs to reduce the cost of raw materials. At a webinar on ‘Increase in Exports of MMF Garments’ by AEPC, Reliance Industries and Alcis Sports, A Sakthivel, Chairman, AEPC urged manufacturers to increase the capacity of MMF garments and also price them accordingly.
RD Udeshi, President (Polyester Chain), Reliance Industries, explained Indian MMF exports have remained constant over the last decade as its downstream processing capacity is inadequate. Ravish Nanda, Co-founder, Alcis Sports opined, India does not have the required R&D centers for MMF garments. Moreover, the anti-dumping duty (ADD) on viscose staple fiber needs to be scrapped.
The antidumping duty on VSF has stirred large-scale import of viscose spun yarn by the country, he added. Post withdrawal of ADD on PTA, there has been increase in production of polyester spun yarn (PSY) in India and imports have fallen, benefiting weavers, knitters, dyers and other players in the PSF value chain.