The Financial Express (Delhi Edition)
Govt investigating dumping of non-woven fabric from five nations
New Delhi, June 29: India has initiated a probe into dumping of non-woven fabric from five countries including China, Malaysia and Indonesia to protect the domestic industry from cheap imports.
The Directorate General of Anti-Dumping and Allied Duties (DGAD) has found “sufficient prima facie evidence” of dumping of the products from Malaysia, Indonesia, Thailand, Saudi Arabia and China. Global Nonwovens has filed an application before the DGAD to initiate an investigation regarding the same.
“The authority hereby initiates an investigation into the alleged dumping and consequent injury to the domestic industry... to determine the existence, degree and effect of alleged dumping and to recommend the amount of antidumping duty, which if levied, would be adequate to remove the injury to the domestic industry” the DGAD said in a notification.
The period of investigation covers July 2015 to March 2016. Countries start anti-dumping probes to determine whether their domestic industries have been hurt because of a surge in below-cost imports. As a counter measure, they impose duties under the multilateral regime of WTO.
The duty is aimed at ensuring fair trading practices and creating a levelplaying field for domestic producers vis-a-vis foreign producers and exporters.
India has already imposed anti-dumping duty on several products to tackle cheap imports from some countries, including China.
According to a WTO report, India, the US and Brazil were the leading initiators of anti-dumping investigations in 2015.