India has launched an anti-dumping investigation into the import of glass fibre from China, Thailand, and Bahrain in response to a complaint from a domestic industry player.
The investigation, led by the Directorate General of Trade Remedies (DGTR), aims to address concerns of alleged dumping, where imported goods are sold below market value, potentially harming Indian manufacturers of this versatile material used in industrial and domestic applications.
Owens-Corning (India) has filed for an anti-dumping investigation into glass fibre imports, seeking to protect domestic industry from perceived unfair competition by assessing whether these imports are sold below market value from China, Thailand, and Bahrain.
The applicant, Owens-Corning (India), alleges that dumped imports of glass fibre are causing material injury to the domestic industry.
They have requested the imposition of anti-dumping duties to address these concerns and protect the interests of Indian manufacturers.
“On the basis of the duly substantiated written application submitted by the applicant and having reached satisfaction based on the prima facie evidence submitted by the applicant concerning the dumping of the product’¦the Authority, hereby, initiates an anti-dumping investigation,” the DGTR has said in a notification.
If the Directorate General of Trade Remedies (DGTR) finds that dumped imports of glass fibre have caused material injury to domestic players, they will recommend the imposition of anti-dumping duties. The final decision to impose these duties rests with the finance ministry.
Anti-dumping probes are conducted to assess if domestic industries have been harmed by a surge in inexpensive imports.
These duties, imposed under the World Trade Organization (WTO) framework, aim to uphold fair trade practices and ensure a level playing field for domestic producers against foreign competitors.
India has previously implemented anti-dumping duties on various products, including those from China, as part of efforts to address the impact of cheap imports on domestic markets.
