Textile Industry’s Push to Ease MEG Duties May Boost Reliance, Filatex, and Other Polyester Producers

The call from Gujarat’s textile industry to reconsider anti-dumping duties on Monoethylene Glycol (MEG) imports has significant implications for India’s polyester and chemical manufacturing companies. If the government relaxes the current duty structure, it would directly benefit polyester producers and downstream textile firms by lowering raw material costs. Indian chemical giants such as

— the country’s largest polyester and MEG producer — could see improved margins and higher demand from domestic textile players due to reduced input costs. Similarly, , JBF Industries, and stand to gain as cheaper MEG imports enhance their cost competitiveness in polyester yarn and fiber manufacturing. and , with diversified exposure to viscose and synthetic fibers, may also benefit from stronger downstream textile demand. Overall, this policy review could revitalize India’s polyester value chain, reduce pricing pressures, and support textile-linked manufacturers across Gujarat and Maharashtra — boosting earnings visibility for these listed players in the medium term.