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DGTR recommends imposition of quantitative restrictions on soda ash imports for 2 years

The Directorate General of Trade Remedies has signaled its intention to introduce protective measures to curb the influx of soda ash imports. This action responds to an appeal from the Alkali Manufacturers Association of India due to a troubling spike in imports. The proposed two-year quantitative restrictions will allocate specific quotas per country, distributing these annual restrictions in…

DGTR recommends imposition of quantitative restrictions on soda ash imports for 2 years

The Directorate General of Trade Remedies (DGTR) has recommended imposing quantitative restrictions on soda ash imports into India for a two-year period, aimed at protecting the domestic industry from the adverse effects of a sharp rise in imports. The recommendation follows a thorough investigation initiated by the Alkali Manufacturers Association of India (AMAI) on behalf of several companies, including DCW Ltd, GHCL Ltd, Nirma Ltd, RSPL Ltd, and Tata Chemicals.

The investigation concluded that imports of soda ash had surged by 89% in 2023-24 and continued at the same level, posing a serious threat to the domestic industry. Consequently, the DGTR has proposed an import quota for each country, with the United States, Turkey, Iran/UAE, Russia, and the European Union being the primary contributors.

The allocated quotas are set to be distributed in four quarterly tranches to ensure a controlled and gradual increase in imports, thereby mitigating any potential harm to the domestic industry.

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.

Read the original at economictimes.indiatimes.com →

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