India Imposes Anti-Dumping Duties on Chinese Yarn Imports

India's Directorate General of Trade Remedies has recommended imposing anti-dumping duties on imports of viscose rayon filament yarn from China. These duties, ranging from $386 to $1,071 per metric ton, will be applied for five years once approval is granted by the finance ministry, aiming to protect domestic producers.

India's Directorate General of Trade Remedies (DGTR) has taken a significant step in safeguarding domestic industry by recommending anti-dumping duties on viscose rayon filament yarn imported from China.

According to a government notification released on Monday, these duties could range from $386 to $1,071 per metric ton.

Upon approval from the finance ministry, these measures will remain in place for five years, marking a pivotal move in trade protection strategy.

(With inputs from agencies.)