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Punjab MP Urges Govt To Revive Ludhiana’s Textile Industry

Updated: Aug 11, 2023 05:15:47pm
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Punjab MP Urges Govt To Revive Ludhiana’s Textile Industry

Ludhiana, Aug 11 (KNN) The Spinning mills in Ludhiana are in a dire state and there is an urgent need to revive the city’s textile industry, member of Parliament Sanjeev Arora said in the Rajya Sabha on Thursday.

Arora pointed out that through various forums and platforms, he has been receiving appeals to impose anti-dumping duty on import of polyester spun yarn (PSY) under ASEAN Free Trade Agreement (FTA) and making import of cotton duty free as this will provide a level playing field for all the stakeholders in the textile sector.

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“It is shocking to learn that the Central government, after considering the final findings of the designated authority, has decided not to accept the aforesaid recommendations,” Arora said.

He pointed out that the Indian textile industry contributes to 40 per cent of the country’s demand for man-made fibres. 

The spinning industry employs more than 6.5 lakh powerloom machines weaving three crore metres of cloth a day, and a yearly consumption of over 6 lakh metric tons of various yarns and fibres.

The MP said that the government’s decision of not imposing definitive anti-dumping duty on imports of “Polyester Yarn (Polyester Spun Yarn)” originating in or exported from China PR, Indonesia, Nepal and Vietnam has cast a shadow on the domestic weaving sector which is mainly dependent of various types of synthetic yarns. Also, it defeats the goal of Made in India.

Further, he urged the government for removal of 11 per cent import duty on raw cotton which was introduced in October 2021, the BIS standard on polyester spun yarn (IS 17265) had been repeatedly postponed and the next date for the implementation of the same has been fixed as October 5.  (KNN Bureau)

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