Wednesday, November 06, 2013: In response to the complaints received by domestic players, India is probing into the alleged dumping of electronic calculators by Chinese companies.
The investigations have been started by the Directorate General of Anti-Dumping and Allied Duties (DGAD), which is an arm of the Commerce Ministry. On behalf of the domestic industry, Ajanta Ltd filed the application for the probe. DGAD has reportedly found enough prima facie evidence of dumping of calculators from China.
In a notification, the authority said, “Hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry…to determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry.”
The investigation period was from April 2012 to March 2013. The authority said that for the purpose of analysing injury, the data of previous three years of 2009-2010, 2010-2011 and 2011-12 would also be considered, ET reported.
Once the probe is completed, DGAD may recommend the duty and the Finance Ministry would impose it. According to the ET report, India has initiated as many as 159 anti-dumping investigation cases since 1992 against China, with which it has a huge trade deficit of about $39 billion in 2012-13.
