India begins anti-dumping probe into aluminium foil imports

Policy

India begins anti-dumping probe into aluminium foil imports

Our Burea New Delhi | Updated on June 23, 2020 Published on June 23, 2020

The Directorate-General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has initiated an

anti-dumping investigation into aluminium foil imports from China, Indonesia, Malaysia, and Thailand.

The investigation was initiated after complains from Hindalco Industries Ltd, Raviraj Foils Ltd and Jindal India Ltd alleged injury due to imports of aluminium foil of 80 micron and below. In their complaint, they also wanted to include imports from South Korea to India, but the DGTR said that imports from there are below the minimum threshold to initiate an investigation.

DGTR will investigate aluminium foil imports into India from April 1, 2019 to March 31, 2020. The injury investigation period will also cover imports of these products during April 1, 2016 to March 31, 2019 from the subject countries. The DGTR will assess the quantum of injury to the domestic industry because of these imports. It will recommend an anti-dumping duty if it is convinced that there has been quantifiable injury to the domestic industry because of these imports. A final call to levy this duty will lie with the Ministry of Finance.

“The applicants have claimed that there is no known difference between the subject goods exported from the subject countries and that produced by the domestic industry. Subject goods produced by the domestic industry and imported from the subject countries are comparable in terms of essential product characteristics such as physical & chemical characteristics, manufacturing process & technology, functions and uses, product specifications, pricing, distribution & marketing and tariff classification of the goods,” a gazette notification said.

Relations between India and China are seeing turbulence after a recent standoff at the Line of Actual Control (LAC). The skirmishes that led to a violent faceoff between soldiers of the two countries. The Indian government is now facing increased domestic pressures to curtail dependence on Chinese imports to meet local needs.

Published on June 23, 2020

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
Mines Ministry invites science and tech proposals