INDIA: Begins safeguard duty probe on spandex imports
India's Directorate General of Safeguards has initiated an investigation into imports of bare elastomeric filament yarn, also known as spandex, ahead of a decision on imposing safeguard duties.
A notice filed by Customs and Excise shows an application has been submitted for the imposition of safeguard duty on imports of spandex into India to protect a domestic producer from "serious injury/threat of serious injury" from a surge in shipments.
The producer is Indorama Industries, which claims to be the only producer of the yarn in India, therefore accounting for 100% of total domestic production.
The company is seeking the imposition of safeguard duty on imports for a period of three years.
It is also seeking provisional safeguard duty in view of "steep deterioration in performance of the domestic industry as a result of increased imports of product under consideration".
The yarn is imported into India from a number of countries, but primarily from Vietnam, Korea, China, Singapore, Taiwan and Thailand.
An interactive databank with intelligence on the major apparel sourcing countries
- Can Gap maintain its momentum minus Larsson?
- Brands back Cambodia industry-wide wage bargaining
- Patagonia's CSR commitments re-shaping the sector
- Can robotics redefine apparel manufacturing?
- Zalando: profit is so last season
- Unions agree proposed Cambodia minimum wage
- New CEO may focus on Ralph Lauren supply chain
- Nike collaborates on low-impact textile challenge
- Old Navy's Larsson to replace Ralph Lauren as CEO
- Patagonia ramps up Fair Trade Certified apparel
- The future market potential for smart garments and e-textiles
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, and Contact Details
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Global market review of lingerie - forecasts to 2020
- Outdoor performance apparel: peaks, valleys, and green fields