Government Enforces Minimum Import Price on Virgin Multi-layer Paper Board

The Indian government has set a minimum import price on virgin multi-layer paper board to prevent dumping from countries like Indonesia. The Directorate General of Foreign Trade announced this measure, which will be in effect until March 31, 2026, following an anti-dumping investigation initiated by domestic industry players.

The Indian government has established a minimum import price (MIP) for virgin multi-layer paper board, setting it at Rs 67,220 per tonne. This new measure aims to restrict the dumping of such products from countries including Indonesia. The MIP will remain effective until March 31, 2026, as per a notification from the Directorate General of Foreign Trade (DGFT).

This strategic move follows an anti-dumping investigation initiated by the commerce ministry's Directorate General of Trade Remedies (DGTR) in response to a complaint from domestic industry stakeholders. The paper board in question is crucial for packaging in various sectors such as pharmaceuticals, FMCG, electronics, and publishing, and the imposed MIP seeks to protect domestic manufacturers against unfair international pricing practices.

The Indian Paper Manufacturer Association played a key role by lodging an application urging the directorate to commence the anti-dumping probe. The MIP imposition reflects a protective step for the country's paper and packaging industries, ensuring a fair competitive market.

(With inputs from agencies.)