Aditya Birla group firm, Grasim Industries a dominant player in the Viscose Staple Fibre (VSF) market has been alleged for discriminatory pricing ways in the sale of viscose staple fibre (VSF). It is said that the company offered different discounts to different customers for the sale of viscose staple fibre.
The Competition Commission has called for a detailed probe by the Director General (DG) – its investigation arm against the Grasim Industries after prima facie finding evidence of competiton norms violations.
The regulator said that it is of the prima facie view that OP 2 (Grasim Industries) appears to be imposing unfair and discriminatory pricing on the informant and certain other textile manufacturers and leveraging its dominant position in the relevant market of VSF in the downstream market of textile products.
Apart from allegations of the company selling VSF at higher rates to domestic customers compared to foreign ones, it has also been alleged that Grasim Industries controlled volume of VSF production in the local market as well as arbitrarily cut down production to increase prices.
Karl Mayer has officially launched its Textile Innovation Center (TIC), marking an important step toward advancing global textile innovation and…
Polartec, a brand under Miliken & Co., has launched Standard Issue, a new pre-dyed option available in black for its…
GFA has introduced the GFA Policy Matrix: Asia, a new resource that outlines sustainability policies across eight major textile-producing countries…
TJX Companies has decided to remove natural fur from its collections, including angora, which comes from rabbits, and mohair, which…
The government of Bangladesh has introduced a detailed and multi-level plan to increase jute production and improve its quality.
Eastman introduced Naia™ Lyte, a new cellulose acetate filament yarn, at the Intertextile Shanghai Apparel Fabrics Spring/Summer 2026 exhibition.