New Delhi: The Commerce Ministry had launched an investigation into alleged dumping of clear float glass, which is used in refrigeration and auto industries, from Malaysia.
Glassmakers Saint-Gobain India, Sisecam Flat Glass India, Gold Plus Glass Industries Ltd and Asahi India Glass have submitted a complaint jointly for starting an anti-dumping investigation into the imports of the glass product from Malaysia.
The Directorate General of Trade Remedies (DGTR) under the commerce ministry said that it has found sufficient evidence of dumping of the glass from Malaysia and its impact on the domestic industry.
In the probe, it would determine the existence and effect of the alleged dumping and recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry.
The period of investigation is 2018-19. However, the data of 2015-18 would also be looked into by the directorate to understand the impact of imports.
The glass is used in construction, refrigeration, mirror and automobile industries. It is a superior quality of glass.
Malaysia is a key trading partner of India in the Southeast Asian region. The bilateral trade between the countries increased to USD 17.25 billion in 2018-19 from USD 14.71 billion in 2017-18. (With agency inputs)