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India begins anti-dumping probe into plastic processing machine imports from China
19/02/2021 12:00
India has begun an anti-dumping investigation on imports of plastic processing machines imported from China on the basis of a complaint filed by the Plastics Machinery Manufacturers Association of India to the Directorate General of Trade Remedies (DGTR) alleging that dumping is causing injury to the domestic industry.
“The Authority notes that there is prima facie evidence of dumping and consequential injury to the domestic industry on account of significant volume of imports,” DGTR said in a notification on Thursday. It said injury is being caused on account of significant volume of imports from the subject country, price undercutting and. price depressing effect on the domestic industry.
The scope of the product under consideration includes certain plastic processing or injection moulding machines used for processing or moulding of plastic materials. However, it excludes some blow moulding machines, vertical injection moulding machines, electric injection moulding machines and multi-colour/ multi-mould machinery for making footwear. As per the notification, the period of investigation is April 1, 2019 to September 30, 2020.
“The Authority notes that there is prima facie evidence of dumping and consequential injury to the domestic industry on account of significant volume of imports,” DGTR said in a notification on Thursday. It said injury is being caused on account of significant volume of imports from the subject country, price undercutting and. price depressing effect on the domestic industry.
The scope of the product under consideration includes certain plastic processing or injection moulding machines used for processing or moulding of plastic materials. However, it excludes some blow moulding machines, vertical injection moulding machines, electric injection moulding machines and multi-colour/ multi-mould machinery for making footwear. As per the notification, the period of investigation is April 1, 2019 to September 30, 2020.
Source: The Economic Times
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