Shri Sanjay Garg, President NITMA expressed his inmost appreciation towards the government’s decision of revoking 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) dt. 12.08.2021. The same was recommended by Directorate General of Trade Remedies vide its notification dt.31.07.2021.
He expressed profound gratitude to The Hon’ble Minister for Finance, Smt. Nirmala Sitharaman &The Hon’ble Minister for Textiles & Commerce & Industry, Shri. Piyush Goyal for providing a level playing field to the domestic industry.
Shri Garg, in his closing remark, added that the down-stream domestic industry, such as weaving & Garmenting, will be substantially benefitted due to accessibility of fibre at competitive prices, empowering them to produce & export the viscose based products at globally competitive prices.