The Indian government has imposed anti-dumping duties on five different categories of goods imported from China in a move to protect domestic manufacturers. These duties will be in effect for five years, aiming to level the playing field and bolster Indian industry.
The five products targeted by the anti-dumping measures include: isopropyl alcohol (used in medical and industrial applications), sulphur black (a dye for textiles, paper, and leather), cellophane transparent film (used for packaging), thermoplastic polyurethane (used in automotive, medical, and electronics industries), and unframed glass mirrors.
The decision follows investigations by the Directorate General of Trade Remedies (DGTR), which concluded that these Chinese products were being exported to India at prices below their fair market value. This practice, known as dumping, can significantly harm domestic producers by making it difficult for them to compete on price. The imposed anti-dumping duties will effectively raise the cost of these imports, making Indian-made alternatives more attractive.
This move by the Indian government highlights its commitment to supporting domestic industries, particularly small and medium enterprises (SMEs) that might be more vulnerable to unfair competition from heavily subsidized Chinese imports. The five-year duration of the anti-dumping duties suggests a long-term strategy to nurture domestic manufacturing capabilities and reduce reliance on Chinese goods.