Leading textile and apparel associations across India have united to voice a "Strong Opposition" against the Directorate General of Trade Remedies’ (DGTR) recommendation to impose steep Anti-Dumping Duties (ADD) on Mono Ethylene Glycol (MEG). Industry leaders warn that the proposed duties, ranging from $103 to $137 per metric tonne, could dismantle the progress made by recent GST reforms and cripple the downstream value chain.
A Counter-Productive Policy Shift
While the industry expressed sincere appreciation for the Government of India’s recent decision to reduce GST on Manmade Fibre (MMF) and yarn to 5%, the proposed ADD on MEG threatens to negate these benefits entirely. Experts estimate that the duty would increase MEG costs by approximately 20%, effectively erasing the affordability gains intended for consumers and manufacturers alike.

