India Moves to Shield Domestic Producers with Anti-Dumping Duties on Chinese Chemical
The Directorate General of Trade Remedies (DGTR) has suggested imposing an anti-dumping duty of up to USD 681 per tonne on Chinese imports of Titanium Dioxide to protect Indian manufacturers. The measure, pending finance ministry approval, aims to counteract the effects of undervalued exports harming local industries.
- Country:
- India
The Directorate General of Trade Remedies (DGTR), the investigative division of India's commerce ministry, has proposed an anti-dumping duty on a key Chinese chemical to protect domestic industries. The proposed duty, ranging from USD 460 to USD 681 per tonne, targets Titanium Dioxide, widely used in the paper and paint sectors.
Investigations revealed that Titanium Dioxide was imported at prices significantly lower than standard, causing market disruption for local manufacturers, as per DGTR's findings. The proposed measure, awaiting final approval from the finance ministry, seeks to stabilize the industry from the impact of these cheap imports.
The anti-dumping proposal is part of India's broader trade strategy to defend its domestic market from low-cost imports under the framework of the World Trade Organization. Meanwhile, India also looks into imposing countervailing duties on solar glass imports from Vietnam to support local enterprises.
(With inputs from agencies.)
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