The Directorate General of Trade Remedies (DGTR), a division of the Commerce Ministry, has launched an anti-dumping investigation into the import of fasteners and unframed glass mirrors from China. This action was prompted by both sectors' associations, which reported substantial harm to their respective industries due to a significant influx of these goods from China at dumped prices.

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Indian producers have made representations before the Authority claiming that prima facie evidence exists, indicating the injury suffered by the domestic industry because of the dumped imports. The associations have highlighted a significant rise in both the absolute and relative volume of these imports from China. The DGTR has expressed its contentment with the accuracy and sufficiency of the information presented in the representations.

The DGTR said that in light of the well-substantiated representations submitted by Indian producers of the specified goods, and after a thorough assessment of the prima facie evidence provided therein regarding the dumping of these goods from the subject country, the resulting harm to the domestic industry, the Authority has initiated an anti-dumping investigation.

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“The Authority, hereby, suo moto initiates an anti-dumping investigation to determine the existence, degree and effect of the dumping with respect to the product under consideration originating in or exported from China the and to recommend the appropriate amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry,” the DGTR said.

Suo Moto refers to actions taken by a court, government authority, or official voluntarily and without any external prompting or request from another party.

The price undercutting from the subject country as a whole is positive and significant. Additionally, the domestic industry involved in this sector has experienced injury, including low-capacity utilisation, declining sales volume, financial losses, and a reduction in market shares for unframed glass mirrors.

(Edited by : Akanksha Upadhyay)