The Northern India Textile Mills’ Association (NITMA) along side the other trade bodies, industry associations & stakeholders such as PTAIA , CITI, SGCCI , SIMA recently met with the Jt. Secy – Ministry of Textiles & Secretary- Department of Chemicals & Petrochemicals to register their strong opposition against the Directorate General of Trade Remedies’ (DGTR) recommendation to impose an Anti-Dumping Duty (ADD) on Mono Ethylene Glycol (MEG), a fundamental raw material for the Man-Made Fibre (MMF) value chain.
NITMA cautions that the duty will deliver a devastating blow to the predominantly MSME-based downstream industry, imperiling millions of livelihoods and stalling planned investments.
CREDITS: This piece of info is taken from NORTHERN INDIA TEXTILE MILLS’ ASSOCIATION, PHD HOUSE, SECTOR -31/A, CHANDIGARH Official PR and hasnot been edited and reviewd by us.
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