India has announced an anti-dumping investigation into the import of certain solar glass products from China and Vietnam, based on a complaint lodged by domestic manufacturers. The probe, initiated by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, focuses on ‘Textured Tempered Coated and Uncoated Glass,’ also known as solar photovoltaic glass.

Borosil Renewables Limited, representing the domestic industry, filed the application urging for an investigation and the imposition of anti-dumping duties. The initiation of the probe follows a thorough evaluation of the evidence provided by the applicant, indicating potential dumping and consequent harm to the local industry.

“On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, based on prima facie evidence submitted by the applicant substantiating the dumping and consequent injury to the domestic industry, the authority hereby initiates an anti-dumping investigation into the alleged dumping,” the notification said.

If the investigation confirms material injury caused by dumping, DGTR may recommend the imposition of anti-dumping duties on the imports. The final decision on imposing duties rests with the Finance Ministry. The evidence suggests that the products from China and Vietnam are being sold at unfairly low prices in the Indian market.

Anti-dumping investigations are conducted to safeguard domestic industries from the adverse effects of surging cheap imports. By imposing duties, countries like India aim to promote fair trade practices and create a level playing field for local producers. This move aligns with India’s broader efforts to address the challenges posed by inexpensive imports from various countries, including China.

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Sibi Sathyan

Sibi Sathyan is a business journalist with 23 years of versatile experience, with a specialization in Sustainability, ESG, Green Funding, M&A, and Private Equity and also a GRI Certified writer for Sustainability Reporting. He has extensive exposure to Private Equity & Fundraising during his tenure in PwC India's Private Equity Practice. He is currently working as the Editorial Director of ESG Times. Contact him for stories and our services at editorial@13.232.43.165