India to lodge anti-dumping lawsuit against Vietnam’s plastics machine exports

27/10/2014 12:00 - 606 Views

India’s directorate general of Anti-Dumping and Allied Duties (DGAD) plans to lodge an anti-dumping lawsuit against plastics processing machines and injection moulding machines imported from the Philippines, Malaysia and Vietnam.

The lawsuit was prompted by a petition from the Plastics Machinery Manufacturers Association of India, according to the Vietnam Competition Authority (VCA).

DGAD’s investigation conducted from April 2013 to March 2014 showed that the Philippines, Malaysia and Vietnam exported plastics processing machines at low prices, causing considerable damage to the Indian industrial sector.

Exporters from those Southeast Asian countries have 40 days to send their feedback to the DGAD under the Indian Ministry of Commerce and Industry.

India’s latest anti-dumping lawsuit is the fifth of its kind against Vietnamese exports.

In 2008, India imposed an anti-dumping duty of 60-174 per cent against plastics processing machines imported from China.

Source: Intellasia