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India launches probe into dumping of Chinese glass wool

New Delhi: India has launched an investigation into alleged dumping of glass wool, which used in construction and air conditioning industry, from China.

The domestic industry has alleged that below-cost imports of glass wool from China were hurting local producers.

The Directorate General of Trade Remedies (DGTR) has found sufficient evidence of dumping of the product from China to start the probe.

“The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry…to determine the existence, degree and effect of 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 DGTR has said in a notification.

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.

UP Twiga Fiberglass Ltd has filed the application for imposition of anti-dumping duty on imports from China.

The product finds major uses in the construction of metal and concrete building, heating, ventilation and air conditioning system to provide cooling services to buildings, acoustic application, shipbuilding, transport industry including railways and automobiles.

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