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India has launched an anti-dumping investigation into the import of solar glass from China and Vietnam. This move comes as part of the country's efforts to protect domestic producers from cheap imports that could harm their businesses. Anti-dumping duties are imposed to counteract the negative impact of importing goods at prices lower than their normal value.
The investigation was initiated based on a complaint filed by domestic solar glass manufacturers, who allege that the imports from China and Vietnam are being dumped into the Indian market, causing significant injury to their industry. Solar glass is a crucial component used in solar panels, and India's solar energy sector has been growing rapidly in recent years.
Dumping occurs when a country exports goods to another country at a price lower than what it charges in its domestic market or lower than the production cost. This practice can harm domestic industries by making their products less competitive in the market. To address this, countries can impose anti-dumping duties to create a level playing field for domestic producers.
The Directorate General of Trade Remedies (DGTR) will investigate whether the imports of solar glass from China and Vietnam are being dumped and whether they are causing injury to the domestic industry. The investigation will also determine the amount of dumping, the injury suffered by the domestic industry, and the causal link between the dumped imports and the injury.
If the DGTR finds sufficient evidence of dumping and injury, it may recommend the imposition of anti-dumping duties on imports of solar glass from China and Vietnam. These duties would be aimed at countering unfair trade practices and protecting the interests of domestic producers.
India's anti-dumping probe into the import of solar glass from China and Vietnam reflects its commitment to ensuring fair trade practices and protecting its domestic industries. The outcome of the investigation will have significant implications for the solar energy sector in India and the global trade of solar components.
Also Read : Rooftop solar plants to be installed in Delhi & will create 50 MW capacity India adds record 18 GW renewable energy capacity in FY24
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