The domestic titanium dioxide industry is facing a severe crisis due to low-priced imports from China, which has significantly impacted public sector undertakings in Kerala including KMML and TTPL.
The Union government has assured that necessary steps will be taken to impose anti-dumping duty on the import of titanium dioxide from China, following discussions and a memorandum submitted to Union Finance Minister Nirmala Sitharaman and Union Revenue Secretary Arvind Srivastava. This assurance comes in response to a severe crisis faced by the domestic titanium dioxide industry in Keralam, which is significantly impacted by low-priced imports from China.
The crisis has adversely affected public sector undertakings in the region, including Kerala Minerals and Metals Limited (KMML) and Travancore Titanium Products Limited (TTPL), threatening the livelihoods of approximately 3,000 people employed by KMML.
Brief written by urgent.news from The Hindu's own syndicated text.
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