India Launches Anti-Dumping Probes Into Imports Of Nylon Filament Yarn, TDQ From China
The DGTR is examining the dumping of nylon filament yarn from China and Vietnam, as well as trimethyl dihydroquinoline) or TDQ.
India has launched investigations into the alleged dumping of two Chinese products—a chemical used in the rubber industry and nylon filament yarn—as per notifications from the commerce ministry.
The Directorate General of Trade Remedies, the ministry's investigative body, is examining the dumping of nylon filament yarn from China and Vietnam, as well as trimethyl dihydroquinoline (TDQ).
Century Enka Ltd., Gujarat Polyfilms Ltd., and Oriilon India Ltd. have filed a petition for the initiation of the anti-dumping probe concerning nylon filament yarn, while NOCIL Ltd. has made a similar request for TDQ.
According to DGTR's separate notifications, the investigations were initiated based on the written applications submitted by the applicants.
If it is established that the dumping has caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on these imports. The finance ministry takes the final decision to impose duties.
Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports.
As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organization (WTO). The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.
India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.
The directorate has initiated as many as 43 anti-dumping investigations in 2024 so far on different products. Of this, 34 are against China.
The countries against which these probes have been initiated included Russia, Taiwan, and Japan.
(With PTI inputs)
