INDIAN SILK INDUSTRY WANTS ADDITIONAL ANTIDUMPING DUTY PROTECTION
August 1st, 2014
Indian silk producers are pressing the government to retain an antidumping duty on silk fabric and re-impose it on silk fibre to protect against the cheaper imports from China. “Antidumping duty is the right move,” Rakesh K Srivastava, general manager of Madhya Pradesh State Silk Federation told Twist International: “Indian raw silk producers are in bad shape and without this duty the silk prices would have fallen further.” India imposes antidumping duty on silk fabric with a reference price of USD2.08 to USD7.59/metre for a fabric weight ranging from ...
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