The Northern India Textile Mills’ Association (NITMA) has hailed the Central Government’s landmark decision to eliminate Customs Duty on PTA and MEG until June 30, 2026.
While thanking the Hon'ble Prime Minister Narendra Modi Ji, Hon'ble Union Minister J.P. Nadda Ji and Hon'ble Minister for Textiles Giriraj Singh Ji for this vital relief amidst West Asian supply chain disruptions, NITMA President Sidharth Khanna emphasized that this window of support must be extended if global volatility persists to truly stabilize the Man-Made Fiber (MMF) sector.

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Since PTA and MEG are the key raw materials for Polyester Staple Fibre (PSF), Khanna further touched upon the severe disadvantage domestic manufacturers have been facing for over a decade, which has significantly eroded their competitiveness against global peers.
He said that beyond immediate raw material relief, the industry remains crippled by a critical Inverted Duty Structure under the current India-ASEAN FTA. Presently, PSF attracts a 5.5% duty, while the finished Polyester Spun Yarn (PSY) enters India duty-free, effectively penalizing local spinning mills.

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As the ASEAN–India Trade in Goods Agreement (AITIGA) is currently under review, NITMA has formally requested the Ministries of Commerce & Textiles to ensure policy parity. To safeguard the "Make in India" vision, both PSF and PSY must be treated equally—either both included or both excluded from duty exemptions—ensuring a level playing field for the entire domestic value chain.
NITMA expresses full confidence that the Ministries of Commerce and Textiles will rectify this prolonged error to safeguard the "Make in India" vision.
CREDITS: PR from NITMA official WhatsApp chat. The content has not been edited and reviewed by us.

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