India tightens grip on Chinese imports with anti dumping duty on six products
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New Delhi: In a move aimed at protecting domestic industries from unfair pricing imports, the Government of India has imposed anti-dumping duties on six Chinese products so far this month, with significant implications for the pharmaceutical and chemical sectors.
Among the targeted products are Acetonitrile (used in pharma sector), Vitamin-A Palmitate, PEDA (used in herbicide), Insoluble Sulphur, Potassium Tertiary Butoxide and decor paper. These duties will remain in effect for five years, following recommendations from the Directorate General of Trade Remedies (DGTR), an arm of the Ministry of Commerce.
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