Dumping probe against 24 Chinese products
The government is conducting 24 anti-dumping investigations against alleged dumping of goods from China. It has already taken anti-dumping measures on 90 products.
The Directorate General of Trade Remedies (DGTR) is conducting investigations on 24 products imported from China. These include flax fabric, electronic calculators, sheet glass, nylon filament yarn, viscose spun yarn, dye intermediates like 1phenyl, 3-methyl and 5pyrazolone. Complaints against dumping food additives like sodium citrate, drugs like ciprofloxacin and several other chemicals are in the process of investigation. Among the 43 complaints being investigated by DGTR, China is one of the key nations at the receiving end.
Currently, anti-dumping measures are in force on 90 products imported from the People's Republic of China, including two pharmaceutical products.
"Due to the sluggish global economy, huge inventory is lying in China and the country is trying to dump in different markets, including
India. We have to be careful and take measures to safeguard domestic production," said Ajay Sahai, director general and chief executive officer of the Federation of Indian Export Organisations.
DGTR, the investigation arm of the commerce ministry, conducts anti-dumping investigations on the basis of a substantiated application filed by the domestic industry alleging dumping of goods into the country, causing injury to the domestic industry.
"The basic intent of anti-dumping measures is to eliminate injury caused to the domestic industry by the unfair trade practice of dumping and to create a levelplaying field for the domestic industry,' a government release said.
The DGTR is also investigating alleged dumping of toluene di-Isocynate, a chemical used in flexible foam making, from the European Union, Saudi Arabia, Chinese Taipei, and the United Arab Emirates, following a complaint filed by Gujarat Narmada Valley Fertilisers and Chemicals Ltd.
In a notification, the DGTR said that on the basis of the prima facie evidence submitted by the domestic industry about dumping of the product, it has initiated the investigations.
"The authority hereby initiates an investigation to determine the existence, degree and effect of any alleged dumping," it said.