World Economy

India Launches 888 Anti-Dumping Probes

India Launches 888 Anti-Dumping ProbesIndia Launches 888 Anti-Dumping Probes

The Indian government has initiated as many as 214 anti-dumping investigations up to December 31, 2017 against China, with which India has a huge trade deficit, the parliament was informed Wednesday, PTI reported. The trade deficit with China has increased to $63.12 billion in 2017-18 from $51 billion in the previous fiscal. Minister of State for Commerce and Industry C. R. Chaudhary in a written reply to the Rajya Sabha said that the directorate general of trade remedies has initiated a total of 888 anti-dumping investigations against imports from various countries. These investigations mainly pertain to China, EU, Korea, Chinese Taipei, Thailand, US, Indonesia, Japan and Malaysia, he said. “Out of 888 investigations initiated by India, duty has been imposed in 656 against various countries and out of which 167 were from China,” he added. After China, maximum probes were started against EU and Korea (65 each). It was followed by Chinese Taipei (62), Thailand (49), the US (40), Indonesia (39), Japan (39) and Malaysia (34).


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