India may impose an anti-dumping duty of up to USD 719 per tonne for five years on imports of nylon filament yarn

Related Keywords: anti-dumping duty, curtains, DGAD, Gujarat Polyfilms Pvt Ltd and AYM Syntex, Imposition of duty points, JCT ltd, nylon filament yarn, sewing and embroidery thread and fishnets, yarn

Mumbai
Summary: 
To recommend duties, the DGAD in it’s probe would have to establish that dumping has caused material injury to domestic players. Anti-dumping duties are levied to provide a level playing field to the local industry by guarding against below-cost import. Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China both are members of the Geneva-based body. The duty is directed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a- vis foreign producers and exporters. They are not a measure to restrict import or cause an uncalled for increase in cost of products.

To recommend duties, the DGAD in it’s probe would have to establish that dumping has caused material injury to domestic players. Anti-dumping duties are levied to provide a level playing field to the local industry by guarding against below-cost import. Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China both are members of the Geneva-based body. The duty is directed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a- vis foreign producers and exporters.

https://www.moneycontrol.com/news/world/anti-dumping-duty-likely-on-nylon-filament-yarn-from-european-union-vietnam-2815551.html
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Synthetic fibers prepared with nylon, polyester, acrylic, and polyolefin have a commanding position in the textile industry of Pakistan

Related Keywords: 000 looms, 90, Acetate rayon yarn, acrylic, acrylic yarn, blankets, carpets, clothing brands, Cotton Export Corporation of Pakistan, fabric, fabrics, nylon, nylon filament yarn, polyester, polyester filament yarn, polyolefin, shawls, silk, synthetic fibers, textile commodities, textile manufacturing, Textile mills, textile sector, woolen yarn

Islamabad
Summary: 
Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

https://nation.com.pk/03-Jun-2018/textile-industry-in-pakistan-an-open-example-of-resistance-economy
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Welspun Group carving out WSL its yarn-spinning business

Related Keywords: carving out yarn spinning business, create a separate roadmap, largest manufacturers and exporters, Mandawewala, next generation, nylon filament yarn, plan smooth succession of business, Polyester Texturised Filament Yarn, process of purchasing partner and chairman stake, the group managing director, Welspun Group, Welspun Syntex

Mumbai
Welspun Group carving out WSL its yarn-spinning business
Summary: 
Welspun Syntex Limited , the yarn spinning business established in 1983, flagship company under the Welspun umbrella, the $3-billion textile-to-steel pipes conglomerate will be now managed by cofounder Rajesh Mandawewala’s elder son Abhishek. The decision by Welspun Group to carve out the yarn spinning business is a step to ensure separation of ownership and management, while simultaneously planning a smooth succession of the business to the next generation.

Welspun Syntex Limited , the yarn spinning business established in 1983, flagship company under the Welspun umbrella, the $3-billion textile-to-steel pipes conglomerate will be now managed by cofounder Rajesh Mandawewala’s elder son Abhishek. The decision by Welspun Group to carve out the yarn spinning business is a step to ensure separation of ownership and management, while simultaneously planning a smooth succession of the business to the next generation.

Company News
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GSFC inaugurates its fully drawn yarn units at its fibre plant in Surat

Related Keywords: at fibre plant in Kosamba, caprolactum plan, companys top line, Gujarat State Fertilizers and Chemicals Ltd, inaugurated FDY unit, install high speed spinning chips plant, new plant to increase turnover, nylon filament yarn, Nylon filament yarn brand, production of Gujnyl, set up a new partially oriented yarn line, with advance technology

Surat
GSFC inaugurates its fully drawn yarn units at its fibre plant in Surat
Summary: 
Gujarat State Fertilizers and Chemicals Ltd (GSFC) inaugurated its fully drawn yarn (FDY) unit at its fibre plant in Kosamba in Surat, having a capacity of 2625 metric tonne per annum (MTPA). GSFC expects the new plant to increase the turnover by approximately Rs 70 crores to the company's top line. Under the present competitive market of Nylon filament yarn, GSFC will achieve new milestones with the production of newly installed FDY plant.

Gujarat State Fertilizers and Chemicals Ltd (GSFC) inaugurated its fully drawn yarn (FDY) unit at its fibre plant in Kosamba in Surat, having a capacity of 2625 metric tonne per annum (MTPA). GSFC expects the new plant to increase the turnover by approximately Rs 70 crores to the company's top line. Under the present competitive market of Nylon filament yarn, GSFC will achieve new milestones with the production of newly installed FDY plant.

http://www.business-standard.com/article/b2b-connect/gsfc-opens-fully-drawn-yarn-plant-in-surat-115090300697_1.html
Company News
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SASCMA to mark its 60 years of establishment organized a fashion show

Related Keywords: array of Bamberg, celebrated 60 year of establishment, display garments, Mantra, manufactured in Surat, nylon filament yarn, organized fashion show, polyester, purcahse of raw material, STER, Surat Art Silk Cloth Manufactureres Association, viscose

Surat
SASCMA to mark its 60 years of establishment organized a fashion show
Summary: 
The Surat Art Silk Cloth Manufacturers Association (SASCMA) celebrated its 60 years of establishment. SASCMA was established in 1955 with an objective to represent the cause of the industry before central and state government to jointly carry out the purchases of raw materials for needy members, to educate members about emerging trends in technology in machinery and raw materials and to promote the industry in general.

The Surat Art Silk Cloth Manufacturers Association (SASCMA) celebrated its 60 years of establishment. SASCMA was established in 1955 with an objective to represent the cause of the industry before central and state government to jointly carry out the purchases of raw materials for needy members, to educate members about emerging trends in technology in machinery and raw materials and to promote the industry in general.

http://timesofindia.indiatimes.com/city/surat/Fashion-show-marks-6-decades-of-Surats-textile-industry-association/articleshow/46084337.cms
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