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‘Make in India’ policy hampering local textile industry, say stake holderse

The demand to remove anti-dumping duty on yarn is being raised from various circles including Federation of Surat Textile Traders Association (FOSTTA), Malegaon Industries and Manufacturers Association (MIMA), Bhiwandi Powerloom Federation and other organisations working for the industry. Asaduddin Owaisi, the Hyderabad MP and president of the All India Majlis-e-Ittehadul Muslimeen (AIMIM) has also made a strong appeal to remove anti-dumping duty on synthetic yarn. He said that the government's 'Make in India' policy is proving disastrous for the local textile industry.

The government's ‘Make in India’ policy is helping just a handful of corporate houses while destroying the local textile industry, Owaisi said in the Parliament. Giving a brief overview of the textile industry, Owaisi said that there are about 2.5 million power looms in India providing livelihood to more than 6.3 million people. The textile sector is the largest industry after agriculture, but today it is struggling because of the government’s disastrous policy. As a result of this policy, the cost of grey fabrics produced in the country is going up by about 30 per cent. On the other hand, countries like China, Sri Lanka, Bangladesh and Pakistan are given free run to export their produce to India.

Helpless and distressed people in Malegaon, Bhiwandi, Surat, Sholapur are looking at some kind hope and anticipation. The government should without further delay remove the anti-dumping duty on the synthetic yarn imported from China.

 
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