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SP Apparels to buy Bannari Spinning Mills' textile arm and garment unit

SP Apparels to buy Bannari Spinning Mills' textile arm and garment unit
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Tamil Nadu , Sp Apparels Ltd , Jacob Industries United States , Bannari Amman Spinning Mills Ltd , Young Brand Apparels Pvt Ltd , Young Brand Apparel Private Ltd , Palladam Hi Tech Weaving Park , Managing Director , Palladam Garment , Brand Apparels Pvt Ltd , Jacob Industries , United States , Bannari Amman Spinning Mills ,

Anti-dumping duty on viscose yarn proposed

Move follows plea from local makers
The designated authority under the Ministry of Commerce and Industry has recommended the levy of anti-dumping duty on viscose spun yarn imported from China, Vietnam and Indonesia.
The Indian Manmade Yarn Manufacturers Association had sought the levy as import of viscose yarn from these countries was hurting domestic manufacturers. After an investigation, the Directorate General of Trade Remedies has recommended the move.
According to industry sources, if anti-dumping duty were levied on viscose yarn, domestic yarn manufacturers would benefit. However, it would impact weavers and garment producers as domestic viscose yarn prices were already ruling high. The government should remove the anti-dumping duty on viscose fibre for the entire value chain to benefit, they said. ....

Republic Of , Tamil Nadu , Pm Senthil Kumar , Indian Manmade Yarn Manufacturers Association , Ministry Of Commerce , Promotion Council , Powerloom Development , Apparel Export Promotion Council , Directorate General , Trade Remedies , Export Promotion Council , Palladam Hi Tech Weaving Park , குடியரசு ஆஃப் , தமிழ் நாடு , மீ செந்தில் குமார் , இந்தியன் மனிதனால் உருவாக்கப்பட்டவை நூல் உற்பத்தியாளர்கள் சங்கம் , அமைச்சகம் ஆஃப் வர்த்தகம் , ப்ரமோஶந் சபை , போவெற்லூம் வளர்ச்சி , ஆடை ஏற்றுமதி ப்ரமோஶந் சபை , இயக்குநரகம் ஜநரல் , வர்த்தகம் வைத்தியம் , ஏற்றுமதி ப்ரமோஶந் சபை , பல்லடம் வணக்கம் தொழில்நுட்பம் நெசவு பூங்கா ,