Sanjay Garg, President NITMA has appreciated the commerce ministry’s recommendation to impose Anti- Dumping Duty (ADD) on Polyester Spun Yarn, originating in or exported from China PR, Indonesia and Vietnam. He also appreciated the recently announced RoDTEP scheme for exporters covering entire textile value chain, the PLI scheme to encourage the MMF segment. Further, he appreciated the revoking of ADD on PTA which is the primary raw material for Polyester Staple Fibre (PSF), the setting up of Seven Mega Textile parks under MITRA scheme and extension of RoSCTL scheme for Garments & Made-ups, upto March 31, 2024

Siddharth Khanna , Managing Director, Arisudana Industries. ,Ludhiana & Head of NITMA’s MMF chapter, shared, NITMA members made several representations to all the pertinent authorities coupled with offline and online meetings. Also, members of NITMA and many other producers of PSY throughout the country have carried out an immensely meticulous exercise, amidst the pandemic, of collecting data from one of the most fragmented domestic industry consisting of more than 500 entities, so that the facts can be presented before the designated authority and eventually DGTRs’ final findings.