India begins anti-dumping probe against vinyl tiles imports
ECONOMY & POLICY

India begins anti-dumping probe against vinyl tiles imports

India has started an anti-dumping probe against imports of vinyl tiles used in residential and commercial sectors from China, Taiwan and Vietnam.

The Ministry of Commerce's investigation arm Directorate-General of Trade Remedies (DGTR), is probing the alleged dumping of vinyl tiles rather than in roll or sheet form.

According to DGTR, Welspun India Limited, Welspun Flooring Limited, and Welspun Global Brands Limited filed a petition to impose anti-dumping duty on imports from China, Taiwan and Vietnam.

The applicants alleged that the dumping of products is affecting the domestic industry, which started commercial production in 2019.

DGTR said that based on the duly substantiated written application by or on behalf of the domestic industry, based on the prima facie evidence submitted by the industry about the dumping of products, the authority would initiate an investigation.

If it is proven that the dumping caused material injury to the domestic players, DGTR would recommend imposing anti-dumping duty on the imports.

Several countries started anti-dumping probes to find out whether the domestic industries are getting hurt because of the surge in cheap imports.

The countries impose these anti-dumping duties under the multilateral regime of the World Trade Organisation (WTO).

The anti-dumping duty focuses on fair trading practices and creating a level-playing field for domestic industries with foreign producers and exporters.

India has already imposed anti-dumping duty on several products to tackle cheap imports from foreign countries like China.

Image Source

Also read: Govt plans to not impose anti-dumping duty on specific steel products

India has started an anti-dumping probe against imports of vinyl tiles used in residential and commercial sectors from China, Taiwan and Vietnam. The Ministry of Commerce's investigation arm Directorate-General of Trade Remedies (DGTR), is probing the alleged dumping of vinyl tiles rather than in roll or sheet form. According to DGTR, Welspun India Limited, Welspun Flooring Limited, and Welspun Global Brands Limited filed a petition to impose anti-dumping duty on imports from China, Taiwan and Vietnam. The applicants alleged that the dumping of products is affecting the domestic industry, which started commercial production in 2019. DGTR said that based on the duly substantiated written application by or on behalf of the domestic industry, based on the prima facie evidence submitted by the industry about the dumping of products, the authority would initiate an investigation. If it is proven that the dumping caused material injury to the domestic players, DGTR would recommend imposing anti-dumping duty on the imports. Several countries started anti-dumping probes to find out whether the domestic industries are getting hurt because of the surge in cheap imports. The countries impose these anti-dumping duties under the multilateral regime of the World Trade Organisation (WTO). The anti-dumping duty focuses on fair trading practices and creating a level-playing field for domestic industries with foreign producers and exporters. India has already imposed anti-dumping duty on several products to tackle cheap imports from foreign countries like China. Image Source Also read: Govt plans to not impose anti-dumping duty on specific steel products

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement