Sanjay Garg, President, NITMA appreciated the government’s decision to revoke the anti-dumping duty (ADD) on Viscose Staple Fibre (VSF), originating in or exported from People’s Republic of China and Indonesia and imported into India, as notified by Ministry of Finance vide its notification no.44/2021-Customs(ADD) dated 12.08.2021.

Garg added the decision will substantially benefit the down-stream domestic industry, such as weaving and garmenting due to increased accessibility to the fiber at competitive prices. This will encourage them to produce and export the viscose based products at globally competitive prices, he added.The decision to remove ADD on Viscose Staple Fiber was recommended by Directorate General of Trade Remedies vide its notification dt.31.07.2021. The decision was taken after a thorough investigation initiated in February this year. It will give a major fillip to the MMF sector, said Smriti Irani, Union Textiles Minister.