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India has commenced investigations into potential dumping of five Chinese products, including engineering and chemical goods, following complaints from domestic manufacturers. The Directorate General for Trade Remedies (DGTR) is conducting these probes under the commerce ministry. The targeted products include Persulphates, Clavulanic Acid, Counterbalance Forklifts, Internally Grooved Copper Tubes and Pipes, and Caprolactam.
Domestic companies have alleged that these cheap Chinese imports are adversely affecting their businesses and have requested the imposition of anti-dumping duties. If the investigations confirm material harm to domestic industries, the DGTR will recommend the imposition of duties, which will be decided by the finance ministry. India and China are members of the World Trade Organisation (WTO), and the imposition of duties aims to ensure fair trade and level playing fields.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- India launches anti-dumping probes into five Chinese products after domestic industry complaints economictimes.indiatimes.com
