Anti-dumping duty: ‘1 lakh may lose job’

SURAT: The powerloom weavers manufacturing nylon fabrics have represented to the additional director general of trade remedies (DGTR) on Wednesday stating that the anti-dumping duty on the nylon filament yarn would render about 1 lakh powerloom workers jobless.
Powerloom weavers met additional DGTR, Mithilesh Thakur in New Delhi and submitted their reply at the ongoing hearing on imposing anti-dumping duty on nylon filament yarn on Wednesday. The weavers stated that the anti-dumping duty of $1 on the imported nylon yarn would increase the yarn prices by Rs 90 per kilogram in the domestic market.
Weavers stated about 6,500 powerloom units are manufacturing nylon yarn employing more than one lakh workers. The hike in the prices of nylon yarn would force the weavers to shut their units thereby rendering the workers jobless.
Senior office-bearer of Federation of Gujarat Weavers Association (FOGWA), Mayur Golwala said, “The DGTR is running the anti-dumping case of nylon yarn from the last four months. The import duty on yarn will ruin the nylon weavers in the city as the yarn prices will go up by more than Rs 90 per kilogram.”
Chairman of the Federation of Indian Art Silk Weaving Industry (FIASWI), Bharat Gandhi said, “Against the claim of the yarn spinner, the import of nylon yarn in the country has gone down from 25,000 metric tones in 2015-16 to 21,000 metric tonnes in 2018-19. Till now, the imported yarn has protected the domestic industry’s survival.”