The textile industry is pitching for a fibre-neutral GST at 5% for the entire textile and apparel value chain. Currently, ...

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The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year ...

Global Spun Yarn Market to Reach 60. 2 Million Tons by the Year 2027. Amid the COVID-19 crisis, the global market for Spun Yarn estimated at 52. 5 Million Tons in the year 2020, is projected to ...

Polyester companies successively called for production curtailment since the second quarter of 2025. Major PFY companies planned to cut production by 10% again on July 15.

Arora said in August 2021, the Directorate General of Trade Remedies (DGTR) had recommended that ADD be imposed on polyester spun yarn originating in or from Indonesia, Vietnam and China.

After mechanical shredding, the PET is further processed into granulate and finally spun polyester yarn. "We only use high-performance materials in our premium tires. "From now on, these will include ...

“While the entire sector has plunged into a severe crisis due to the Covid-19 outbreak, the imposition of regulatory duty on polyester spun yarn will completely destroy the textile sector.” ...

Arora urged the FM to impose anti-dumping duty on polyester spun yarn (PSY) originating in or imported from the Association of Southeast Asian Nations (ASEAN) under the Free Trade Agreement (FTA).