Govt begins investigation on NFY import from EU

Govt begins investigation on NFY import from EU

Anti-dumping investigation concerning imports of ‘Nylon Filament Yarn (Multi Filament)’ has been initiated by the Directorate General of Anti-Dumping & Allied Duties, ministry of commerce and industry, Government of India, originating in or exported from EU and Vietnam. The product under consideration is ‘Synthetic Filament Yarn of Nylon’ also called polyamide yarns.

DGAD found sufficient prima facie evidence of dumping of Nylon Filament Yarn (NFY) causing injury to the domestic industry. “Causal link between the dumping and injury exists to justify initiation of an anti-dumping investigation,” an official sources said.

The investigation has been initiated following an application filed by JCT Limited, Gujarat Polyfilms Pvt Ltd, Gujarat State Fertilizers and Chemicals Ltd, Prafful Overseas Pvt Ltd, and AYM Syntex (formerly known as Welspun Syntex). There are five other Indian producers of the product, namely, Salasar, JPB Fiber, Gupta Sythetics Limited, Century Enka, and Oriilon India Pvt Ltd. All the other producers have supported the application.

The investigation will determine the existence, degree and effect of any alleged dumping and recommend the amount of antidumping duty, which if levied, would be adequate to remove the injury to the domestic industry.

NFY is a synthetic filament yarn 2 produced by polymerisation of organic monomers. The product under consideration is multifilament, and includes all kinds of synthetic filament yarns of nylon or polyamides, such as flat yarn – twisted and/or untwisted, fully drawn yarn (FDY), spin drawn yarn (SDY), fully oriented yarn (FOY), high oriented yarn (HOY), partially oriented yarn (POY), textured yarn – twisted and/or untwisted, and dyed yarn, single, double, multiple and folded or cabled.

 – Apparel and Textile News, Apparel Talk, Indian Apparel