Fabrics & Processing | News & Insights

India’s $60 billion man-made textile industry struggles due to a glut of Chinese imports.

Published: December 28, 2023
Author: TEXTILE VALUE CHAIN

India’s main textile hubs, Ludhiana, Surat, and Erode, have been facing an almost insurmountable difficulty for about a year now: growing imports of man-made fiber (MMF) fabrics, or even large-scale dumping of these fabrics, which is negatively impacting a $60 billion industry.

Recently, Rajesh Bansal, a fabric processor in Ludhiana, brought his buddies from Nagpur to a store to purchase fleece. “Four of the six pieces that were displayed to us were from China.”

The Federation of Gujarat Weavers Association head, Ashok Jirawala, claims that “China dumps fabric and this creates problems.” “We have unsold inventory because we operated our weaving units to capacity. Thus, we intend to reduce output by 20%.

China is where C. Jaganathan, an Erode-based cloth weaver, obtains his viscose yarn. “I purchased Indian yarn for ₹125 a kg from China when it was selling for ₹180 a kg. The only time Chinese prices have increased is in the last month. The current price is currently being offered by the Chinese merchants for a year.

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