The Directorate General of Trade Remedies (DGTR) has issued an Initiation Notification (Case No. AD(OI) 50/2025, dated 20th November 2025), launching an anti-dumping investigation into imports of Polyester Textured Yarn (PTY), also known as Drawn Textured Yarn (DTY), originating from China PR. PTY is the critical synthetic raw material that underpins India’s strategic pivot towards Man-Made Fibre (MMF) fashion, which accounts for approximately 75% of global fibre consumption and is essential for athleisure and technical apparel.
Financial injury to integrated supply chain
The probe follows a substantiated application by domestic majors, alleging that the dumped imports have caused material injury. Evidence points to severe price suppression, with the domestic industry reporting losses and cash losses, alongside a negative return on capital employed over the period of investigation (April 2024 to June 2025). This instability in core raw material cost directly erodes the export competitiveness of Indian garment manufacturers, challenging national plans to scale up MMF capacity.
The investigation underscores the vulnerability of vertically integrated players, those having strategically invested in a new Performance fabrics production to capture global demand for high-value synthetics. The DGTR's intervention is seen as vital for protecting the financial outlook of the MMF base that ambitious textile growth depends upon.
