+
DGTR proposes 5-year extension on Chinese EVA backsheet duty
POWER & RENEWABLE ENERGY

DGTR proposes 5-year extension on Chinese EVA backsheet duty

The Directorate General of Trade Remedies (DGTR) has suggested extending the anti-dumping duty on imports of Ethylene Vinyl Acetate (EVA) backsheets from China for five years. It was revealed in a recent investigation by the DGTR that EVA backsheets are still being exported to India at prices below the normal value, leading to dumping.

It has been proposed by the directorate to impose an anti-dumping duty of $590 per metric ton on EVA backsheet originating from or exported by Changzhou Sveck Photovoltaic New Material Company in China, and $897 per metric ton for all other producers.

In 2019, the government had enforced anti-dumping duties on EVA backsheet imports from China, Malaysia, Saudi Arabia, and Thailand, with the current duty period set to end in March 2024.

DGTR has observed that post the imposition of duties, several new companies have initiated production of the subject goods within the country. The capacity of India to manufacture these goods has surged by more than 400%, indicating the positive impact of the anti-dumping duties.

However, it was noted by DGTR that there are considerable unutilized capacities among Chinese exporters. The evidence submitted by the domestic industry clearly points to a "high probability of oversupply" in the EVA market in China.

The Directorate General of Trade Remedies (DGTR) has suggested extending the anti-dumping duty on imports of Ethylene Vinyl Acetate (EVA) backsheets from China for five years. It was revealed in a recent investigation by the DGTR that EVA backsheets are still being exported to India at prices below the normal value, leading to dumping. It has been proposed by the directorate to impose an anti-dumping duty of $590 per metric ton on EVA backsheet originating from or exported by Changzhou Sveck Photovoltaic New Material Company in China, and $897 per metric ton for all other producers. In 2019, the government had enforced anti-dumping duties on EVA backsheet imports from China, Malaysia, Saudi Arabia, and Thailand, with the current duty period set to end in March 2024. DGTR has observed that post the imposition of duties, several new companies have initiated production of the subject goods within the country. The capacity of India to manufacture these goods has surged by more than 400%, indicating the positive impact of the anti-dumping duties. However, it was noted by DGTR that there are considerable unutilized capacities among Chinese exporters. The evidence submitted by the domestic industry clearly points to a high probability of oversupply in the EVA market in China.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?